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    kscott4562 Posts: 2, Reputation: 1
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    #1

    Jan 14, 2012, 05:34 PM
    MANAGERIAL ACCOUNTING Least-squares regression?
    Stuck for 2 days on my accounting homework can anyone help?

    THE QUESTION:

    Using least-squares regression, estimate the fixed cost and variable cost elements of monthly car wash costs


    January 3,545 $11,245
    February 2,456 $21,200
    March 2,461 $21,618
    April 2,447 $19,270
    May 2,453 $37,854
    June 3,245 $38,541
    July 2,546 $25,463
    August 3,605 $14,563
    September 2,456 $15,334
    October 2,155 $12,347
    November 4,632 $32,456
    kscott4562's Avatar
    kscott4562 Posts: 2, Reputation: 1
    New Member
    		  
    #2

    Jan 15, 2012, 01:57 AM
    I figured it out!
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