Solution-Compute the variable- and fixed-cost elements

Compute the variable- and fixed-cost elements

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Reference no: EM132595613

Question - Data for Cullumber Corporation's maintenance costs is shown below.

	Units Produced	Total Cost
July	19,900	$44,670
August	35,392	53,088
September	39,816	60,830
October	24,332	47,356
November	44,240	82,397
December	42,028	68,572

Required - Compute the variable- and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation. (We recommend that you use the Intercept and Slope functions in Excel.)

Reference no: EM132595613

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Compute the variable- and fixed-cost elements

Reference no: EM132595613

Reference no: EM132595613

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