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Compute the most accurate sales forecast possible

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Reference no: EM132995151

Question - Trey, Inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least-squares regression analysis:

 Scatter Diagram Regression Analysis

Variable cost per unit sold $5.90 $6.50

Total monthly fixed cost $46,500 $42,500

Trey is now preparing an estimate for monthly sales of 20,000 units. On the basis of the data presented, compute the most accurate sales forecast possible.

Reference no: EM132995151

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