Devry BUSN 278 Homework 2 and Homework 3

1. Devry BUSN 278 Homework 2 and Homework 3 Just Click on Below Link To Download This Course: https://www.devrycoursehelp.com/product/devry-busn-278-homework-2-and- homework-3/ Or Email us help@devrycoursehelp.com Devry BUSN 278 Homework 2 and Homework 3 HOMEWORK 2 (TCO 3) Using the following information regarding actual sales for Sam’s Ski Supplies, calculate the regression (trend) line: Sales for Sam’s Ski Supplies ($000s) Month First Year Second Year January 380 400 February 340 360 March 320 330 April 280 290 May 265 270 June 230 235 July 220 230 August 200 205 September 210 220 October 250 270

2. November 400 450 December 450 502 y = 264.92 + 2.79x y = 264.92 + 1.67x y = 283.64 + 2.79x y = 283.64 + 1.67x Question 2. Question : (TCO 3) Using the following information regarding actual sales for Sam’s Ski Supplies, project sales for March of Year 3 using simple linear regression: Sales for Sam’s Ski Supplies ($000s) Month First Year Second Year January 380 400 February 340 360 March 320 330 April 280 290 May 265 270 June 230 235 July 220 230 August 200 205 September 210 220 October 250 270 November 400 450 December 450 502 308.62

3. 326.94 328.61 330.28 Question 3. Question : (TCO 3) Using the following information regarding actual sales for Paradise Pools, calculate the seasonal ratio for June of Year 3: Sales for Paradise Pools ($000s) Month First Year Second Year January 84 84 February 80 82 March 88 98 April 100 120 May 150 160 June 200 210 July 240 250 August 220 215 September 180 195 October 160 165 November 120 130 December 92 100 0.67 0.77 1.08 1.41

4. Comments: Question 4. Question : (TCO 3) Using the following information regarding actual sales for Seafood City, calculate the seasonal forecast of sales for Friday of Week 3: Sales for Seafood City ($) Day Week 1 Week 2 Monday 1,700 1,800 Tuesday 1,900 2,000 Wednesday 2,100 2,100 Thursday 2,300 2,200 Friday 4,200 4,300 Saturday 4,400 4,600 Sunday 2,100 2,200 2,822.29 3,006.17 4,300.00 5,614.30 Question 5. Question : (TCO 3) The regression statistic that measures the degree of association between the dependent and independent variable is the: correlation coefficient. coefficient of determination. standard error of the estimate. HOMEWORK 3 (TCO 4) The greatest portion of the marketing budget is typically used for

5. salespersons’ salaries and commissions. advertising. transportation. order processing. Question 2. Question : (TCO 4) A typical R&D division budget is divided into which of the following two sections? Controllable and noncontrollable Material and immaterial Research and development Fixed and variable Question 3. Question : (TCO 4) Which of the following statements regarding the general and administrative expense budget is notcorrect? Historical cost data adjusted for current conditions is an appropriate measure of budgeted costs. The salary budget should include vacation, holidays, and sick leave. Common general and administrative expenses include taxes, executive salaries, and travel expenses. There is little use in identifying costs as discretionary or nondiscretionary. Question 4. Question : (TCO 4) Capital expenditures that meet the needs of the manager’s division are called special capital expenditures. routine capital expenditures. normal capital expenditures. standard capital expenditures. Question 5. Question : (TCO 4) Which of the following is not a capital budgeting decision?

6. Constructing new studios Replacing old equipment Scrapping obsolete inventory Remodeling an office building Download File Now