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Maindožirwoker assignments&takeAssignmentSessionLocator-assignment- takešinprogress -faise The method of least squares was used to develop a manufacturer. Ninety-six data points from monthly data were used for the regression. The following cost equation to predict the cost of receiving purchased parts at a video game computer output was received Intercept Slope The cost driver used was number of parts inspected Required: 1. What is the cost formula for a year? 465 Total annual cost of eceving465 199,600 Number of parts inspected in a y x Number of parts inspected in a year) 2. Using the cost formula from Requirement 1, predict the cost of parts inspection for a year in which 15,400 parts are inspected Total annual cost of receiving- Java Update Available A new version of Java is ready to installed Click here to continue ck My Work 3 more Check My Work uses remaining.

Explanation / Answer

Q1. Req 1. Cost formula: Total cost of receiving = (1 * $ 199600) + ($ 465 * Number of parts inspected in a year) Req 2. Total cost of receiving for 15400 parts inspected Total cost of receiving = (1*199600) + ( 465*15400) Total cost of receiving = 199600 + 7161000 = 7360600

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