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Thanks for help, positive rate ready U r sion Results to construct and Acola Cost Formula Dohini Manufacturing Company had the following 12 months of
Thanks for help, positive rate ready
U r sion Results to construct and Acola Cost Formula Dohini Manufacturing Company had the following 12 months of data on purchasing and number of purchase orders Purchasing Number of Purchase Onders Month $18,360 18,055 19.250 18,050 19,345 uly 19,500 19,670 20,940 August September 19.430 20.020 October November 18.500 December 19,340 The controller for Doint Manufacturing ran regression on the data and the coefficients shown by the repression program Intercept 15,021 rounded to the nearest dar) varat 9.74 (rounded to the nearest cant) Required 1. Construct the cost formula for the purchasing activity showing the fixed cost and the variable rate Total purchasing cost Purchase orders) 2. If Dorin Manufacturing Company estimates that next month will have 480 purchase orders, what is the total estimated purchasing cost for that month (Round your answer to the nearest dollar) Total purchasing cost + Purchase orders) 2. If Dohini Manufacturing Company estimates that next month will have 480 purchase orders, what is the total estimated purchasing cost for that month (Round your wwwer to the nearest dollar) 3. What if Dohini Manufacturing wants to estimate purchasing cost for the coming year and expects 5,360 purchase orders? What will estimated total purchasing cost be? (Round your answer to the nearest de What is the total faced purchasing cost? Why doesn't it equal the fried cost calculated in Requirement 1 above Step by Step Solution
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