footage Archives - Essay Quoll

What effect will occur if Mel’s Diner eliminates the cantina if there is no effect on restaurant sales?Discuss

Posted on November 9, 2020 by Ambrose

4. Mel’s Diner owns a single restaurant, which has a cantina primarily used to seat patrons while they wait on their tables. The company is considering eliminating the cantina. Segmented contribution income statements are as follows and fixed costs applicable to both segments are allocated on the basis of square footage. Restaurant Cantina Total Sales $800,000 $200,000 $1,000,000 Variable costs 475,000 160,000 635,000 […]

Based on the strength of your relationship, would you expect this to be a valid prediction or not? Would it be appropriate to predict total cost if a complex wanted to list luxury apartments? Why or why not?Discuss

Posted on October 1, 2020 by Ambrose

Prompt Use your home data from Week 1 to run a regression analysis using square footage as the independent variable and total cost as the dependent variable. Discuss the direction and strength of the relationship justifying your choice referring to specific reference for your Excel output. Present your regression equation in the analysis paper, and use this to predict […]