cesRequired Information.George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of thecompany's products, a platinum diving watch, goes through an etching process. The company has recorded etching costsas follows over the last six weeks:12345Units54545410Req 2A161760Total EtchingCost5 222125202832For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching costper week.$ 1482-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week..2-b. Express these estimates in the form Y=a+bXComplete this question by entering your answers in the tabs below.eq 28Express these estimates in the form Y= a + bx. (Round your answers to 2 decimal places.)< Req2AReg 213

X Y XY X2 5 22 110 25 7 21 147 49 10 25 250 100 5 20 100 25 16 28 448 256 17 32 544 289…

Answered: 2-a. Using the least-squares regression…

2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Ya+bX

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter17: Advanced Issues In Revenue Recognition

Section: Chapter Questions

Problem 9E: GrillMaster Inc. sells an industry-leading line of outdoor charcoal and gas grills to customers...

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George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Total Etching Cost 1 13 $ 24 2 11 21 3 16 31 4 15 25 5 18 31 6 18 32 91 $ 164 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 3. If the company processes twenty units next week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.)
Butik Jelita receives a special order from a local agency requesting it to custom made 20 pieces of dresses to be worn in a special event. The owner, Puan Julia labels this special order as Job A27. The following is the information to produce ONE (1) piece of the dress. Items Quantity Price Direct materials: Material A 4 meters RM30 per meter Material B 2 meters RM10 per meter Direct labours: Cutting department 4 hours RM20 per hour Sewing department 6 hours RM12 per hour Machine hours: Cutting department 2 hours Sewing department 5 hours Production overheads: Cutting department Absorbed at RM6.00 per direct labour hour Sewing department Absorbed at RM4.00 per machine hour Other information: The company hires a special sewing machine which cost RM5,000 to fulfil this whole Job A27. The selling and distribution…
Christine's Chronographs makes two models of a high-end watch- the model 94 and the model 101. Both models go through a special polishing step that requires the use of the single polishing machine at the company.
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