following output this is based on the same data as the previous two exercises:
Required:
a Use the regression output given to develop the cost equation by filling in the dollar
amounts for and
b What would the company's estimated costs be if it used machine hours next month?
c What would the company's estimated costs be if it used machine hours next month?
Contribution Margin Income Statement, Service Company. Last month Nakahara Cuisine,
Inc. had total sales of $ Food preparation and service costs totaled $
percent fixed, percent variable Selling and administrative costs totaled $ percent
fixed, percent variable
Required:
a Prepare a traditional income statement for the company.
b Prepare a contribution margin income statement for the company.
c Why do companies use the contribution margin income statement format?
Regression Analysis Using Excel Appendix Silverado Company produces computer tablets.
Management wants to estimate the cost of production equipment used to produce the tablets.
The company reported the following monthly cost data related to production equipment:
