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Question - Toshiba manufacturing produces and sells CD players. The selling price for a CD player is $100.
Total operating expenses for the past 12 months are as follows.
Month
Unit Sold
Cost ($)
January
135
10767
February
145
13799
March
150
12457
April
160
12650
May
165
13765
June
140
11240
July
12065
August
125
10820
September
120
11110
October
11420
November
11670
December
11576
Required -
1. Using a scatter graph and plot the above data in excel.
2. Using a regression method in excel to estimate fixed costs and variable cost per unit.
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