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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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