M5-9 estimating cost behavior using least-squares regression refer to the tan-o-rama data in m5-7. suppose sherri performed a least-squares regression and obtained the following results: page 227 put sherri’s results into a linear equation format (y = a + bx) and explain what each component means. compare the regression results to those obtained in m5-7 and m5-8. which method is most accurate? why? lo 5-5 m5-10 calculating unit contribution margin and contribution margin ratio refer to the tan-o-rama regression output given in m5-9. suppose that the company charges $6 per tanning session. calculate the unit contribution margin and contribution margin ratio as well as the total contribution margin if the shop books 400 tanning sessions this month.

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

17.     chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c   incorrect which is correct answer?