Home / Questions / Your company leases a copier The contract states that you must pay the leasing company
Your company leases a copier. The contract states that you must pay the leasing company $3,000 per year and $.005 per copy.
Required:
A. 
Write the equation to predict estimated total lease cost. 




B. 
Compute the estimated total costs if: 


i. 
10,000 copies are made. 


ii. 
50,000 copies are made. 





C. 
Compute the estimated cost per unit if: 


i. 
10,000 copies are made. 


ii. 
50,000 copies are made. 





86. Sabina and Associates has the following current year costs:
Variable costs 
$4 per unit 
Fixed costs 
$20,000 


Next year, the company plans to enter into an arrangement with a supplier that will result in a 15% decrease in variable costs. They also plan on reducing their rental space, which will decrease fixed costs by 10%.
Required:
A. 
What will be the new equation to predict total costs? 


B. 
If next year’s production is expected to be 10,000 units, what will be total estimated costs? 


87. You run a regression analysis and receive the following results:
Multiple R 
.39429 




R Square 
.15547 




Adjusted R Square 
.14964 




Standard Error 
.44416 










Analysis of Variance 





DF 
Sum of Squares 
Mean Square 


Regression 
1 
5.26588 
5.26588 


Residual 
145 
28.60536 
.19728 








F = 26.69262 
Signif F = .0000 










Variables in the Equation 







Variable 
Coefficients 
Standard error 
t Stat 
Pvalue 

X Variable 1 
11.0300 
.021000 
5.166 
.0000 

Intercept 
8833.0700 
.090000 
9.751 
.0000 







Required:
A. 
What is the fixed cost in this regression analysis? 


B. 
What is the variable cost per unit? 


C. 
Prepare the cost equation based upon these results. 


D. 
Does this regression equation "fit" the data well? What information did you examine to answer this question? 
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