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Find what is total estimated purchasing cost for that month

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Reference no: EM132757964

Neem Co. had the following 12 months of data on purchasing cost and number of purchase orders:

Month           Purchasing Cost         Number of Purchase Orders

January            P18,860                        370

February             18,065                     330

March              19,250                        380

April                 18,050                        410

May                 19,345                        400

June              19,500                         450

July                   19,670                     460

August              20,940                   560

September        19,430                    440

October           20,020                     500

November         18,800                     470

December           19,340                    480

Problem 1: If Neem Co. estimates that next month will have 430 purchase orders, what is the total estimated purchasing cost for that month?

Reference no: EM132757964

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