Alarge national bank charges local companies for using their services. a bank official reported the results of a regression analysis designed to predict the bank's charges (y)measured in dollars per monthfor services rendered to local companies. one independent variable used to predict service charges to a company is the company's sales revenue (x)measured in millions of dollars. data for 21 companies who use the bank's services were used to fit the model: the results of the simple linear regression are provided below. referring to the equation above, interpret the estimate of 0, the y-intercept of the line. for every $1 million increase in sales revenue, we expect a service charge to decrease $2,700. there is no practical interpretation since a sales revenue of $0 is a nonsensical value. about 95% of the observed service charges fall within $2,700 of the least squares line. all companies will be charged at least $2,700 by the bank.

With q7 assume the sweet company uses a plantwide predetermined overhead rate with machine-hours as the allocation base.and for q 10,11,13,and 14,assume that the company use department predetermined overhead rates with machine-hours as the allocation bade in both departements.7. assume that sweeten company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. what selling price would the company have established for jobs p and q? what are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for job p and 30 units were produced for job q? (do not round intermediate calculations. round your final answers to nearest whole dollar.)total price for the job for job p -job q selling price per unit for job p q . how much manufacturing overhead was applied from the molding department to job p and how much was applied to job q? (do not round intermediate calculations.) job p job q manufacturing overhead applied for job p for job q . how much manufacturing overhead was applied from the fabrication department to job p and how much was applied to job q? (do not round intermediate calculations.)job p job q manufacturing overhead applied for job p for job q . if job q included 30 units, what was its unit product cost? (do not round intermediate calculations. round your final answer to nearest whole dollar.)14. assume that sweeten company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. what selling price would the company have established for jobs p and q? what are the selling prices for both jobs when stated on a per unit basis assuming 20 units were produced for job p and 30 units were produced for job q? (do not round intermediate calculations. round your final answer to nearest whole dollar.)total price for the job p for job q selling price per unit for job p for job q