You are provided with three alternative cost functions to help predict future costs. Which function will provide the most accurate prediction and why? Function A: y=15x + 1,372, where x is machine hours. R2 =.56 Function B: y=22x + 2,382, where x is labor hours. R2 =.21 Function C: y= 28x + 3,571, where x is production runs R2 =.67
Highest square of R is Better for accurate about future costs.
From above all above equation, Highest Square of R is 0.67 when Production runs used as Cost driver. It means Suitable Cost driver is Production runs.
Function C is the best cost functions to help predict future costs. Because of it has highest square of R.
Answer
Function C: y= 28x + 3,571, where x is production runs R2 =.67
You are provided with three alternative cost functions to help predict future costs. Which function will...
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Hor this assignment you are provided the files for a class called point. Download the h and .cpp files and include them in your project. IheじML diagram below details the class Point くくfriend>> ostream& operator.((ostream&, point&) <ごfriend::. İstream& operator:..イ1stream&-point& - : double - v doublc getX) double getYO double - sctX( double): void - set Y(double) : void - point(double-0.0, double-0.0 operator-(const point& bool perator< const...