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1 A manufacturer situated in Washinton, USA manufactures plastic pipes which is used by plumbers in a high-rise apartments to supply tank water to all

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A manufacturer situated in Washinton, USA manufactures plastic pipes which is used by
plumbers in a high-rise apartments to supply tank water to all residential houses.
Number of pipes sold and and its Total cost per month are given below
Month # of Pipes Total
sold Cost
1 175 $ 165,000
2 250 $ 200,000
3 300 $ 250,000
4 300 $ 250,000
5 350 $ 265,000
6 700 $ 450,000
7 500 $ 320,000
8 570 $ 350,000
9 500 $ 340,000
10 490 $ 330,000
11 230 $ 150,000
12 400 $ 275,000
Solve by Least-squares Regression Method ONLY AND COMPUTE THE FOLLOWING
Requirements:
(i) Variable cost per Pipe= $
(ii) Fixed cost per month = $
(iii) Semi Variable costs per month = $
(iv) Semi Fixed costs per month = $
REMEMBER NOT TO SOLVE BY HIGH-LOW METHOD
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