Already have an account? Get multiple benefits of using own account!
Login in your account..!
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Mel Cheek is a fishing guide on the Chenega River. The fish are usually found 20 to 50 miles upriver. Once the fish are located, Mel slows the boat to trolling speed and fishes for about 6 hours before returning to dock. Mel has noted that overall fuel costs vary based on "miles upriver" and he is considering changing his guide fee to separately charge customers for estimated fuel costs. Below is Mel's log for 15 typical days showing "miles upriver to locate fish" and "total fuel cost".
Miles Upriver 37
Fuel Cost $86
(a) Prepare a scattergraph diagram for the preceding data set showing that "fixed costs" are approximately $50 and variable costs are approximately $1 per mile upriver.
(b) (optional) Use the functions within an eletronic spreadsheet to prepare a regression analysis separating the costs into fixed and variable components. Do individual data points appear to fit well into the regression model?
Rodney owns 4 businesses and wants you to help with his tax return. Based on the following information, explain how you would add these activities to his 1040 form and l
Acme Produce, Inc. wishes to buy a potato processing unit for their plant. Acme's engineers have negotiated a contract that covers the annual maintenance costs for the first t
They discovered that during the period when the workers were unemployed, the decline in the number of hours of paid work these workers did was almost the same as the increas
ABC has issued a bond with the following characteristics:?Par: $1,000; Time to maturity: 11 years; Coupon rate: 10%; ?Assume annual coupon payments. Calculate the price of t
You are the financial director of Pilgrim plc, a listed company. Your new group managing director, appointed from one of Pilgrim plc's overseas subsidiaries, is reviewing th
The cost of goods sold in a retail store totaled $650,000. Fixed selling and administrative expenses totaled $115,000 and variable selling and administrative expenses were $
In studying the effectiveness of monetary rewards on seat belt usage, a firm has been giving out lottery tickets to employees wearing their belts when entering the company
Contingent liabilities present certain problems and opportunities for companies. You have been asked to help prepare the company's annual report and a lawsuit has been brought
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd