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3 Yenbulk inc supplies its drugs to major hospitals in USA to treat the cancer patients Sales and total costs data per Bottle of Drug
3
| Yenbulk inc supplies its drugs to major hospitals in USA to treat the cancer patients | ||
| Sales and total costs data per Bottle of Drug is supplied to you and given below | ||
| Month | # of Bottles | Total |
| sold | Cost | |
| Jan | 200 | $ 18,500 |
| Feb | 250 | $ 20,000 |
| Mar | 300 | $ 25,000 |
| Apr | 300 | $ 25,000 |
| May | 350 | $ 26,500 |
| June | 650 | $ 42,500 |
| July | 500 | $ 32,000 |
| Aug | 570 | $ 35,000 |
| Sep | 500 | $ 34,000 |
| Oct | 490 | $ 33,000 |
| Nov | 220 | $ 15,000 |
| Dec | 380 | $ 26,850 |
| Solve by Least-squares Regression Method ONLY AND COMPUTE THE FOLLOWING | ||
| Requirements: | ||
| (i) Variable cost per Bottle= $ | ||
| (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 | ||
| Need 100% Correct answer | ||
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
