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Schotte Manufacturing Company Uses Two Different Independent Variables (Machine-Hours and Number

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Schotte Manufacturing Company uses two different independent variables (machine-hours and number of packages)in two different equations to evaluate costs of the packaging department.The most recent results of the two regressions are as follows:
Machine-hours:
Schotte Manufacturing Company uses two different independent variables (machine-hours and number of packages)in two different equations to evaluate costs of the packaging department.The most recent results of the two regressions are as follows: Machine-hours: Number of packages: There were twenty degrees of freedom.The critical value at the 95% level is 1.729.Required: a.What are the estimating equations for each cost driver? b.Which cost driver is best and why? Schotte Manufacturing Company uses two different independent variables (machine-hours and number of packages)in two different equations to evaluate costs of the packaging department.The most recent results of the two regressions are as follows: Machine-hours: Number of packages: There were twenty degrees of freedom.The critical value at the 95% level is 1.729.Required: a.What are the estimating equations for each cost driver? b.Which cost driver is best and why? Number of packages:
Schotte Manufacturing Company uses two different independent variables (machine-hours and number of packages)in two different equations to evaluate costs of the packaging department.The most recent results of the two regressions are as follows: Machine-hours: Number of packages: There were twenty degrees of freedom.The critical value at the 95% level is 1.729.Required: a.What are the estimating equations for each cost driver? b.Which cost driver is best and why? Schotte Manufacturing Company uses two different independent variables (machine-hours and number of packages)in two different equations to evaluate costs of the packaging department.The most recent results of the two regressions are as follows: Machine-hours: Number of packages: There were twenty degrees of freedom.The critical value at the 95% level is 1.729.Required: a.What are the estimating equations for each cost driver? b.Which cost driver is best and why? There were twenty degrees of freedom.The critical value at the 95% level is 1.729.Required:
a.What are the estimating equations for each cost driver?
b.Which cost driver is best and why?

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