The three methods used to classify costs into their fixed and variable components includes:_____.
a. high-low method.
b. scatter diagrams.
c. most-squares regression.
d. least-squares regression.
e. variable-fixed method.

Answers

Answer 1

Answer:

a. high-low method.

b. scatter diagrams.

d. least-squares regression.

Step-by-step explanation:

Costing is a measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Fixed cost can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.

On the other hand, variable costs can be defined as expenses that are not constant and as such usually change directly and are proportional to various changes in business activities. Some examples of variable costs are taxes, direct labor, sales commissions, raw materials, operational expenses etc.

In Financial accounting, the three methods used to classify costs into their fixed and variable components includes high-low method, scatter diagrams and least-squares regression.

The high-low method is a quick and easy way to estimate costs by using historical accounting information from a range of reporting periods.

A scatter diagram (scattergraph) estimate costs by considering all the data points and not just the lowest or highest point.

A least squares regression line is a standard technique in regression analysis used to make the vertical distance obtained from the data points running to the regression line to become very minimal or as small as possible.

Generally, the sum of the residuals of a least squares regression line is always equal to zero.

Answer 2

Answer:

a. high-low method.

b. scatter diagrams.

d. least-squares regression.

Step-by-step explanation:

The three methods used to classify costs into their fixed and variable components includes:

high-low method.

scatter diagrams.

least-squares regression.

Related Questions

When sales of a particular hybrid automobile reach 60,000 units, federal income tax credits begin to phase out. One year after reaching this threshold, buyers are still eligible for 25% of the original $3000 credit. What tax credit would buyers receive if they purchased the vehicle at this time.

Answers

Answer:

$750

Step-by-step explanation:

so, in short, we need to calculate 25% of $3000.

that is the amount of tax credit a buyer would get then.

direct and fast answer :

25% means 1/4 of the overall amount.

$3000 / 4 = $750

now, a little bit longer to explain % calculations in general.

let's say, we are talking 27%. now we have a problem to find a fast fraction as factor.

it always starts with the identification of 100%.

what is the full starting amount we are dealing with ? that is the 100%.

in our case $3000.

now, as a base for the calculation we determine 1%, which is 1/100 of 100%, of course.

1% = $3000 / 100 = $30

to get said 27% we have to multiply this by 27

27% = 1% × 27 = $30 × 27 = $810

or in general

x% = 100% × x / 100

that also works for more complex questions. e.g. calculate 1.5%

1.5% = $3000 × 1.5 / 100 = $30 × 1.5 = $45

and that is all there is to % calculations. all the questions are just some variations, where your are missing one of the 3 "ingredients" : 100% amount, x% amount and x itself.

and you need to transform the general equation above to get the missing piece of of the given information.

What is the surface area of this rectangular prism

Answers

Answer:

3*7 = 21*2=42

13*3=39*2=78

7*13=91*2=182

42+78+182=302

So the answer is D

Hope This Helps!!!

Answer:

D. 302

Step-by-step explanation:

This is how I did it:

First multiply 7 by 3, 21

Multiply that by 2 because there are 2 of those faces. 42.

Then multiply 3 by 13, and again by 2. 78.

And 13 by 7 by 2. 182.

Add. 302.

Or do an equation and use a calculator: 7(3)(2)+3(13)(2)+13(7)(2)=302

5/4 hour = __ minutes

Answers

Answer:

hour= 1.25

MINUTES ANSWER= 75 minutes

Step-by-step explanation:

hope that helps>3

Answer:

5/4 hour= 75 minutes

--------------------------------

[tex]\textbf{HOPE IT HELPS}[/tex]

[tex]\textbf{HAVE A GREAT DAY!!}[/tex]

Subtract the given numbers in the indicated base.
41 five
tes
24 five
-
The difference is
five

Answers

9514 1404 393

Answer:

  12

Step-by-step explanation:

In base-5 arithmetic, ...

  41 -24 = 12

_____

If we use : to separate columns with different place value, this can be looked at a couple of ways.

Subtraction by addition

  2 : 4 + 0 : 2 = 3 : 1 . . . . . make the 1s place match

  3 : 1 + 1 : 0 = 4 : 1 . . . . . . make the 5s place match

The total amount added was 0:2 +1:0 = 1:2.

Subtraction using borrowing

  4 : 1 - 2 : 4 = (4-1) : (5+1) - 2 : 4

  = (4-1-2) : (5+1)-4 = 1:2

11. Which point is not on the graph of 2x + 3y - Z - 12 = 0?
(6, 0, 0)
(3,3,3)
(0, 4,0)
(1, 1, 7)

Answers

show the graph? i can’t really tell what the answer is without the graph being there.

How many fixed-requirement constraints does a transportation problem with 5 factories and 6 customers have?a. 30.b. 11.c. 6.d. 5.

Answers

Answer:

Option B

Step-by-step explanation:

From the question we are told that:

Demand point [tex]m=5[/tex]

Supply Point [tex]n=6[/tex]

Generally the equation for fixed-requirement constraints is mathematically given by

 [tex]X=m+n[/tex]

 [tex]X=5+6[/tex]

 [tex]X=11[/tex]

Therefore the correct option is

Option B

Place the steps for finding f-1(x)

Answers

9514 1404 393

Answer:

  B, C, H, D, F, A

Step-by-step explanation:

Starting with y = f(x), swap x and y to get x = f(y), then solve for y. The solution steps "undo" what is done to y, in reverse order. Y is ...

multiplied by 721 subtracted from the productthe square root of the difference

To "undo" these steps in reverse order, after swapping x and y, you must square both sides, add 21, then divide by 7.

If the left tiles are labeled A to H from top to bottom, the correct sequence of steps is ...

  B, C, H, D, F, A

•Calculate the length of
the side AB,
knowing that AC = 2, m (C) = 30 and BC = 4.
Help ..! I really need help with this problem…

Answers

Length of ab is 12 m

Two cities,a and are mapped on the coordinate plane. How far apart are they from each other?

Answers

Answer:

[tex]\sqrt{97} \\ \sqrt{9^{2}+4^{2} }[/tex]

Step-by-step explanation:

Paragraph to write to my girl?????

Answers

Answer:

You make me feel like I can do anything and I am so happy to be with you. Thank you for being the wonderful, amazing person that you are. You surprise me every day and you warm my heart every night. I am the person I am today because you've loved me and helped me, love.

Please help solve
-5<14-4x≤3

Answers

Answer:

Interval notation (-5,3]

A piece of wood is cut into three pieces in the ratio 6: 5: 2. If the log is 61/2 feet long, what will be the length of the longest piece

Answers

Answer:

14.077 feet to the nearest thousandth.

Step-by-step explanation:

First let's work out the multiplier:

6 + 5 + 2 = 13.

61/2 = 30.5

- so the multiplier is 30.5/13 = 2.34615

The longest piece refers to the 6 in the ratio its length

= 6 * 2.34615

= 14.0769 ft.

What is the value of x in the figure below? If necessary, round your answer to
the nearest tenth of a unit.
X
15
D 4 B
A. 7.7
B. 3.8
O C. 15
D. 4

Answers

Answer:

Step-by-step explanation:

im stuck on this question!!!!

Answers

Answer:

reflected across the y axis: (5,2)

reflected across the x axis: (-2,5)

Answer:

Answer: (5,2) when reflected off the y-axis. (-5,-2) when reflected off the x-axis

4,3,5,9,12,17,...what is the next number?

Answers

Answer:

The next number is going to be 21

Answer:

19

Step-by-step explanation:

4 even number

3,5,7 odd numbers

14 even

17, 19, 21 even

A bottle maker believes that 23% of his bottles are defective. If the bottle maker is accurate, what is the probability that the proportion of defective bottles in a sample of 602 bottles would differ from the population proportion by less than 4%

Answers

Answer:

0.9802 = 98.02% probability that the proportion of defective bottles in a sample of 602 bottles would differ from the population proportion by less than 4%

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

A bottle maker believes that 23% of his bottles are defective.

This means that [tex]p = 0.23[/tex]

Sample of 602 bottles

This means that [tex]n = 602[/tex]

Mean and standard deviation:

[tex]\mu = p = 0.23[/tex]

[tex]s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.23*0.77}{602}} = 0.0172[/tex]

What is the probability that the proportion of defective bottles in a sample of 602 bottles would differ from the population proportion by less than 4%?

p-value of Z when X = 0.23 + 0.04 = 0.27 subtracted by the p-value of Z when X = 0.23 - 0.04 = 0.19.

X = 0.27

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.27 - 0.23}{0.0172}[/tex]

[tex]Z = 2.33[/tex]

[tex]Z = 2.33[/tex] has a p-value of 0.9901

X = 0.19

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.19 - 0.23}{0.0172}[/tex]

[tex]Z = -2.33[/tex]

[tex]Z = -2.33[/tex] has a p-value of 0.0099

0.9901 - 0.0099 = 0.9802

0.9802 = 98.02% probability that the proportion of defective bottles in a sample of 602 bottles would differ from the population proportion by less than 4%

The graph of f(x)=x^2 is shown. Compare the graph of f(x) with the graph of d(x)=x^2-26

Answers

A es aaaaaaaaaaaaaaaaaaaaaaa

Need help with this really fast

Answers

Answer:

6

Step-by-step explanation:

You can apply the proportion of 9/6 to 4 to get 6:

6*(9/6)= 9

So

4*(9/6) = Length LA

6= Length LA

Answer:

Option C, or [tex]2\frac{2}{3}[/tex]

Explanation:

We can see that the Line FM in the smaller triangle dialates to Line LK in the bigger triangle by the scale factor of:

FM/LK

6/9 or 2/3

So we would know that to find out the value of LA in the bigger triangle we would have to dialate it’s corresponding side FI in the smaller triangle by the same scale factor:

4 * 2/3

=> [tex]2\frac{2}{3}[/tex] = LA

Hope this helps!

Question 1a) Suppose you sample 100 times at random with replacement from a population in which 26% of the individuals are successes. Write a Python expression that evaluates to the chance that the sample has 20 successes.

Answers

Answer:

from math import comb

n = 100

x = 20

p = 0.26

q = 0.76

print(comb(n, x)*(p**x)*(q**(n-x)))

Step-by-step explanation:

Given that :

Number of trials, n = 100

P(success), p = 26% = 0.26

P(success)' = 1 - p = 1 - 0.26 = 0.74

Chance that sample has 20 successes = x

This problem meets the condition for a binomial probability distribution :

p(x = 20)

Recall :

P(x = x) = nCx * p^x * q^(n-x)

Using python :

comb is an built in function which calculate the combination of two arguments it takes ; and returns the combination value.

** mean raised to the power and

* is used for multiplication

The Python code as per the given question is provided below.

Program explanation:

The number of trials,

100

Probability of success,

20% or 0.26

Size of array generated,

2000

The output that shows chances of 20 success,

S

Program code:

import numpy as np

S=sum(np.random.binomial(100,0.26,2000)==20)/2000

S

Learn more about Python expression here:

https://brainly.com/question/21645017

what is the formula for perimeter of a square​

Answers

Answer: P = 4s

Step-by-step explanation:

P = 4s where s = the length of each side.  

Since each side of a square is the same length, the side length is multiplied by 4.


A polynomial function has a root of -6 with multiplicity 1, a root of -2 with multiplicity 3, a root of 0 with multiplicity 2, and a
root of 4 with multiplicity 3. If the function has a positive leading coefficient and is of odd degree, which statement about
the graph is true?
O The graph of the function is positive on (-6, -2).
O The graph of the function is negative on (-0, 0).
O The graph of the function is positive on (-2, 4).
O The graph of the function is negative on (4.co).

Answers

9514 1404 393

Answer:

  (a)  the graph is positive on (-6, -2)

Step-by-step explanation:

The roots, left to right, are ...

  -6, -2, 0, 4

The odd-multiplicity roots, where the sign changes, are ...

  -6, -2, 4

The function is negative to the left of -6, and positive to the right of +4. It is positive on the interval (-6, -2) and negative on the intervals (-2, 0) and (0, 4).

Answer:it’s a!!!
edge please stop deleted my answer ;)

Step-by-step explanation:

Will give brainliest answer

Answers

Answer:

A

Step-by-step explanation:

the proof of the answer is shown above

) A patient drank 12 ounces of orange juice. How many milliliters did the patient drink?

Answers

Answer:

He drank 354.882 mills of orange juice

Step-by-step explanation: One ounce is equal to 29.5735 mills, so you multiply 29.5735 by 12

Answer: 355 Millileters

Re-write this subtraction as an ADDITION of signed numbers. 2 – 8 =
. 8

Answers

Answer:

2+(-8)

Step-by-step explanation:

Which table represents the graph below?

On a coordinate plane, points are at (0, negative 3), (1, negative 1), (2, 1), (3, 3), (4, 5), and (5, 7).

Answers

Answer:

0,-3

Step-by-step explanation:

it will help u

Answer:

A

Step-by-step explanation:

Integration of [(x+1)/(x-1)]dx

Answers

Hello!

∫[(x+1)/(x-1)dx

∫t+2/t dt

∫t/t + 2/t dt

∫1 + 2/t dt

∫1dt + ∫2/t dt

∫t + 2In (|t|)

x - 1 + 2In (|x-1|)

x + 2In (|x-1|) + C, C ∈ R

Good luck! :)

On a 9 question multiple-choice test, where each question has 5 answers, what would be the probability of getting at least one question wrong?

Answers

Answer:

P(at least one wrong) = 1- P(all correct) =1-.25^6=1-1/4096=4095/4096. This assumes that the answers are picked at random. This kind of question is always the complement of an extreme binomial outcome.

6. Two cell phone companies charge a flat fee plus an added cost for each minute or part of a minute used. The cost is represented by C and the number of minutes is represented by t.
Call-More: C = 0.40t + 25 Talk-Now: C = 0.15t + 40
a) Which company is cheaper if a customer talks for 50 minutes. (1 mark)
b) Under what conditions do the two companies charge the same? (3 marks)
c) Under what conditions is Talk-Now better? Explain

Answers

Answer:

Call More is cheaper at 50 minutes

The two companies would charge the same for 60 minutes of use.

Talk Now is cheaper the more minutes you talk. At some point the rate of change of Call More makes it more expensive. That point is just after their costs are even.

Step-by-step explanation:

I don’t think I got the right answer?

Answers

Answer:

it's third option the one who says 10 units up

its the third answer 10units

TRUE or FALSE: The regression equation is always the best predictor of a y value for a given value of x. Defend your answer.

Answers

Answer:

FALSE

Step-by-step explanation:

The regression equation is a prediction model which is generated for a given independent, x and dependent, y variable. The regression model is usually ideal when both the dependent and independent variables are numerical. The regression equation cannot be generated if either the x or y value is non-numeric. In such situation, classification models may be better suited for such cases especially if there is no efficient method of converting the non-numeric column into a numeric variable.

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