Quarterly revenues (in $1,000,000's) for a national restaurant chain for a five-year period were as follows: Quarter Year 1 Year 2 Year 3 Year 4 Year 5 1 33 42 54 70 85 2 36 40 53 67 82 3 35 42 54 70 87 4 38 47 62 77 99 Based on these data, develop a multiple regression model that can capture both a trend and seasonal components. Carefully explain how you built the model and interpret each slope. Based on this model, what revenues would you predict for the third quarter of Year 6 (the following year)?

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000