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Estimate two cost functions for Total Operating Costs (Y) using Selling & Administrative Costs and Research & Development Costs as independent variables (Cost drivers X)
Estimate two cost functions for Total Operating Costs (Y) using Selling \& Administrative Costs and Research \& Development Costs as independent variables (Cost drivers X) for each cost function. 1- Pick a company 2- Use EDGAR, Google Finance, or other sources and collect data about your company 3- You need Total Operating Costs 4- Selling \& Administrative Costs 5- Research \& Development Costs 6- Run the two regressions as I did in the video. 7- Use page Exhibit 10-18 from the textbook and compare the two cost drivers and write your report. Note: You have to submit an Excel file which includes the regression outputs and the graphs for both cost drivers, and your comparison analysis. Note: You can use other variables as cost drivers
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