Develop a method of predicting its total costs in a period

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Reference no: EM13920446

A department in a large organisation wishes to develop a method of predicting its total costs in a period. The following data have been recorded.

Month	Activity level (X)	Cost
	units	$
January	1,600	28,200
February	2,300	29,600
March	1,900	28,800
April	1,800	28,600
May	1,500	28,000
June	1,700	28,400

The total cost model for a period could be represented by what equation?

Reference no: EM13920446

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