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2 3 Using Excel to Computer Variable and Fixed Cost Elements 4 Using Regression 5 6 Data for Stiever Corporation's maintenance costs is shown 7
2 3 Using Excel to Computer Variable and Fixed Cost Elements 4 Using Regression 5 6 Data for Stiever Corporation's maintenance costs is shown 7 below. 8 9 10 PERFEKSFENN 11 12 13 14 15 16 17 18 19 20 22 23 July August September October November December PROBLEM Units Produced Total Cost 18,000 $32,000 32,000 48,000 36,000 55,000 22,000 38,000 40,000 66,100 38,000 62,000 Student Work Area Required: Provide input into cells shaded in yellow in this template. Use cell references to the Problem area to identify the high and low points. Use the SLOPE and the INTERCEPT functions with cell referencing to the Problem area. Compute the variable- and fixed-cost elements using regression analysis using Excel's SLOPE and INTERCEPT functions. Variable cost Total fixed costs Present your solution in the form of a cost equation. Cost equation per unit Total cost = per unit produced
please answer in excel
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