Munoz Manufacturing Company produced 1,200 units of inventory in January, Year 2. It expects to produce an additional 9,700 units during the remaining 11 months of the year. In other words, total production for year 2 is estimated to be 10,900 units. Direct materials and direct labor costs are $81 and $69 per unit, respectively. Munoz expects to incur the following manufacturing overhead costs during the year 2 accounting period. Production supplies $ 6,100 Supervisor salary 178,000 Depreciation on equipment 139,000 Utilities 31,000 Rental fee on manufacturing facilities 204,525 Required Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. Determine the cost of the 1,200 units of product made in January

Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct