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For the past few years,Corey's filing status has been as follows: 2012 (married/joint);2013 (married/separate);2014 (surviving spouse);2015(surviving spouse);and 2016 (head of household).Explain what probably has happened.
Variable Cost
Variable Cost consists of expenses that vary directly with levels of production or sales volume.
Machine Hour
A machine hour is a unit of measure that represents the operation of a machine for one hour, used in allocating manufacturing costs based on time.
Least-squares Regression
Least-squares regression is a statistical method used to determine the line of best fit by minimizing the sum of squares of the differences between observed and predicted values.
Variable Cost
A cost that changes in proportion to changes in the volume of activity, such as materials and labor directly involved in producing a product.
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