Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger

Exercise 46

Method of Least Squares, Budgeted Time Period Is Different from Time Period Used to Generate Results
Refer to the company information in Exercise 3-35.
Required:
1. What is the cost formula for a year?
2. Using the cost formula from Requirement 1, predict the cost of parts inspection for a year in which 13,200 parts are inspected.