Hello, I wanna you to attach R square values , coefficient value and some other regression analysis aspects of all cost drivers using excel, and using formal language to summarize because I want get a unique answer instead of summarize others' analysis by own words. Here are my professor's requests.
From this data, you can assess whether the current cost driver is the best, if not which single cost driver would you use? Also, you have the possibility of multiple cost pools and drivers. If you use multiple cost pools, how many would you use and what cost drivers would use for each pool. I would suggest your report, review both of these option and make a recommendation for one (and the rate), but include discussion of both options and how and why you made your decision.