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1. Using regression, calculate the x and y components using hL of beer produced as the independent variable and dollars of overhead as the dependent variable. 2. Do you think beer produced is an adequate driver to predict overhead? Why or why not? 3. Usin
Using regression, calculate the x and y components using hL of beer produced as the independent variable and
dollars of overhead as the dependent variable.
Do you think beer produced is an adequate driver to predict overhead? Why or why not?
Using regression, compute the y and x from the above table using number of batches as the independent variable
and dollars of overhead as the dependent variable.
Which driver appears to be the best and why??
Assuming a projected 1,800 hL of beer for next month, compute the projected overhead cost and discuss.