Please help only with what has red x's. thank you in advance.
Selecting a Basis for Predicting Shipping Expenses (Requires Computer Spreadsheet*) Cambridge SoundWorks sell portable speakers systems and bluetooth headphones. In an effort to improve the planning and control of shipping expenses, management is trying to determine which of three variables-units shipped, weight shipped, or sales value of units shipped-has the closest relationship with shipping expenses. The following information is available: Weight Sales Value of Shipping Month Units Shipped Shipped (lbs.) Units Shipped Expenses May 10,000 7.500 $350,000 $38.000 June 8.760 432,000 42.000 July 15,000 9.200 420.000 50.100 August 20.000 10.500 400.000 72.500 September 12.000 7,600 300.000 41.000 October 8,000 6,000 320,000 35.600 12.000 Required a. With the aid of a spreadsheet program, determine whether units shipped, weight shipped, or sales value of units shipped has the closest relationship with shipping expenses. Complete the r-squared values between each possible independent variable and shipping expenses: Round answers to two decimal places. Units shipped Weight shipped Sale value 0.94 0.78 0.23 Based on the coefficient of determination, units shipped has the closest relationship with shipping expenses. b. Using the independent variable that appears to have the closest relationship to shipping expenses, develop a cost-estimating equation for total monthly shipping expenses. Round answers to two decimal places Shipping expenses = 5 6.193.81 + $ 3.14 X c. Use the equation developed in requirement (b) to predict total shipping expenses in a month when 14,000 units, weighing 9,380 lbs., with a total sales value of $420,000 are shipped. $ 0 Unit- and Batch-Level Cost Drivers KC, a fast-food restaurant, serves fried chicken, fried fish, and french fries. The managers have estimated the costs of a batch of fried chicken for KC's all-you-can-eat Friday Fried Fiesta. Each batch must be 50 pieces. The chicken is precut by the chain headquarters and sent to the stores in 10-piece bags. Each bag costs 54. Preparing a batch of 50 pieces of chicken with KC's special coating takes one employee two hours. The current wage rate is 59 per hour. Another cost driver is the cost of putting fresh oil into the fryers. New oil, costing $6.50, is used for each batch. Round answers to two decimal places, when applicable. (a) Determine the cost of preparing one batch of 50 pieces. $ 44.5 (b) If management projects that it will sell 150 pieces of fried chicken, determine the total cost and the cost per piece. Total cost $ 133.5 Unit cost $ 0.89 (c) If management estimates the sales to be 350 pieces, determine the total costs. $ 311.5 (d) How much will the batch costs increase if the government raises the minimum wage to $10 per hour? $ 2 (e) If management decided to increase the number of pieces in a batch to 100, determine the cost of preparing 350 pieces. Assume that the batch would take twice as long to prepare, and management wants to replace the oil after 100 pieces are cooked. $ 0 * total cost
