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= An organization's accountant is estimating next period's total costs. He performed regression analyses, one based on d
Posted: Wed Mar 09, 2022 8:19 am
by answerhappygod
- An Organization S Accountant Is Estimating Next Period S Total Costs He Performed Regression Analyses One Based On D 1 (46.83 KiB) Viewed 46 times
= An organization's accountant is estimating next period's total costs. He performed regression analyses, one based on direct labor hours and the other based on machin The results were: Total cost = SAR180,000 + SAR 6 x direct labor hours Adjusted R-square = 0.60 Total cost = SAR120,000+ SAR4 x machine hours Adjusted R-square = 0.80 For the next period the accountant anticipates using 28,000 direct labor hours and 30,000 machine hours. Based upon this information, what is the be estimate for the cost for the next period? a. SAR400,000 b. SAR240.000 c. SAR300, 000 d. SAR320,00