Analysis of Overhead Cost for a Defined Cost Center in the Lake City Army Ammunition Plant Using Regression Analysis.

Abstract

Generally, the purpose of this research paper is twofold: (1) it develops a procedure by which overhead costs can be analyzed; (2) it applies regression analysis as the analytical means of determining the volume measurement that best correlates with overhead cost of a cost center using available production data. Specifically, this research paper investigates a defined cost center in the Lake City Army Ammunition Plant and: (1) determines that standard labor dollars is the best volume measurement for the cost center; (2) establishes two relationships between overhead cost and standard labor dollars that could be used in overhead cost estimation. (Author)

Document Details

Document Type
Technical Report
Publication Date
May 01, 1974
Accession Number
AD0786502

Entities

People

  • Nicholas W. Hurta

Organizations

  • United States Army Materiel Command

Tags

DTIC Thesaurus Topics

  • Ammunition
  • Data Science
  • Information Science
  • Measurement
  • Production
  • Regression Analysis
  • Standards

Readers

  • Government Contracting/Procurement.
  • Industrial Economics
  • Regression Analysis.