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 1 2 3 4 5 Units 9 5 11 5 8 11 49 Total Etching Cost $24 21 29 20 24 27 $ 145 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 3 (Algo) 3. If the company processes nine units next week, what would be the expected total etching cost? (Round your Intermediate calculations and final answer to 2 decimal places.)

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 1 2 3 4 5 Units 9 5 11 5 8 11 49 Total Etching Cost $24 21 29 20 24 27 $ 145 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 3 (Algo) 3. If the company processes nine units next week, what would be the expected total etching cost? (Round your Intermediate calculations and final answer to 2 decimal places.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Required information Exercise 5A-5 (Algo) Least-Squares Regression [LO5-11] 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 123456 Units 9 6 11 5 7 10 48 Req 2A For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Total Etching Cost $ 27 20 31 20 Exercise 5A-5 Part 2 (Algo) 24 30 $ 152 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 Y = a +bX. Req 2B Complete this question by entering your answers in the tabs below. Fixed etching cost per week Variable etching cost per unit X Answer is complete but not entirely correct. Using the least-squares regression method,…
Required information. Exercise 5A-5 (Algo) Least-Squares Regression [LO5-11] 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 1 22555T 3 Y = 4 6 Units 13 11 16 15 18 18 91 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 2 (Algo) Total Etching Cost $ 24 21 31 25 31 32 $ 164 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 Y = a + bx. Req 2A Complete this question by entering your answers in the tabs below. Req 2B Express these estimates in the form Y = a +bX. (Round your answers to 2 decimal places.) X
! Required information Exercise 2A-5 (Algo) Least-Squares Regression [LO2-11] 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 123456 Units 10 7 12 6 8 11 54 Total Etching Cost $ 27 20 31 20 24 30 $152 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 2A-5 Part 2 (Algo) Required: 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 Y = a +bX.
U Required information Exercise 5A-5 (Algo) Least-Squares Regression [LO5-11] 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 1 123456 2 3 4 5 Units 9 6 11 5 7 14 52 Total Etching Cost $ 25 20 30 21 21 32 $ 149 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 2 (Algo) 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 Y = a + bX.
Exercise 5A-5 (Algo) Least - Squares Regression [LO5-11] Skip to question 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 6 $ 21 2 7 23 3 11 28 4 12 27 5 13 28 6 14 29 63 $ 156 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 3 (Algo) 3. If the company processes fifteen units next week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.)
Least-Squares Regression 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: For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Required: 1. Prepare a scattergraph plot. (Plot etching costs on the vertical axis and units on the horizontal axis.) 2. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. Express these estimates in the form Y = a + bX. 3. If the company processes five units next week, what would be the expected total etching cost? (Round your answer to the nearest cent.)
! Required information [The following information applies to the questions displayed below.] UR Safe Systems installs home security systems. Two of its systems, the ICU 100 and the ICU 900, have these characteristics: Design Specifications Video cameras Video monitors Motion detectors Floodlights Alarms Wiring Installation ICU 100 2 2 1. Current profit margin 2. Profit margin Target cost WEIN ICU 100 1 % % 3 3 710 feet 11 hour 1,150 feet 21 hour The ICU 100 sells for $980 installed, and the ICU 900 sells for $1,690 installed. Required: 1. What are the current gross profit margin percentages on both systems? 2. UR Safe's management believes that it must drop the price on the ICU 100 to $920 and on the ICU 900 to $1,560 to remain competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current gross profit margin percentages. (For all requirements, round your…
3G Asiacell o000. A docs.google.com A certain factory produces 2000Ton per year of its product. Th price of one kilogram is 1.8$. The annual direct production cost is 2million $ when the factory works at its whole capacity. Other fixed costs are 7X10^5 Your email address will be recorded when you submit this form. Not std22000100091@mustaqbal- college.edu.iq? Switch account * Required a) Calculate the value of fixed cost per kg of the product at the break even point. Your answer b) If the selling price increases by 10% calculate the increase in the net profit at the whole capacity assuming the taxes are 48% of the gross profit.
Required Information [The following information applies to the questions displayed below.] UR Safe Systems Installs home security systems. Two of its systems, the ICU 100 and the ICU 900, have these characteristics: Design Specifications Video cameras Video monitors Motion detectors Floodlights Alarms Wiring Installation 1,050 feet 21 hour The ICU 100 sells for $860 Installed, and the ICU 900 sells for $1,570 Installed. 1. Current profit margin 2. ICU 100 2 2 3 1 5 650 feet 11 hour Required: 1. What are the current gross profit margin percentages on both systems? 2. UR Safe's management believes that it must drop the price on the ICU 100 to $800 and on the ICU 900 to $1,440 to remain competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current gross profit margin percentages. Profit margin Target cost (For all requirements, round your percentage answers to…
The production department is proposing the purchase of an automatic insertion machine. It has identified three machines and has asked the accountant to analyze them to determine which one has the best average rate of return. Machine A Machine B Machine C $83,087.40 $73,001.40 322,364.00 276,958.00 486,676.00 Estimated average income $45,130.96 Average investment Oa. Machine B Ob. Machine C Oc. Machine A Od. Machines B and C have the same preferred average rate of return.
! Required information [The following information applies to the questions displayed below.] UR Safe Systems installs home security systems. Two of its systems, the ICU 100 and the ICU 900, have these characteristics: 1. 2. Design Specifications Video cameras Video monitors Motion detectors Floodlights Alarms Wiring Installation ICU 100 2 2 4 Current profit margin Profit margin Target cost 2 2 1,090 feet 25 hour The ICU 100 sells for $820 installed, and the ICU 900 sells for $1,530 installed. ICU 100 690 feet 15 hour Required: 1. What are the current gross profit margin percentages on both systems? 2. UR Safe's management believes that it must drop the price on the ICU 100 to $760 and on the ICU 900 to $1,400 to remain competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current gross profit margin percentages. % % (For all requirements, round your…
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