When teaching cost behavior in a managerial or cost accounting course, we explain that there are various methods a company can use to estimate its fixed and variable costs, including regression ...

However, several tools in Excel are readily accessible and easy to use to help with forecasting revenues and costs. The use of regression analysis can significantly enhance the accuracy of your ...

Objective: Choosing an appropriate method for regression analyses of cost data is problematic because it must focus on population means while taking into account the typically skewed distribution of ...