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3,500 Q1: The accountant of Manama Corporation has collected the following data on its copy machine costs for the last six months of the year.

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3,500 Q1: The accountant of Manama Corporation has collected the following data on its copy machine costs for the last six months of the year. Month Number of copies Total copy cost July $14,000 August 3,200 13,500 September 4,100 16,000 October 5,100 18,000 November 5,600 18,500 December 4,800 17,500 Requirements: 1- Use the regression analysis method to: a- Estimate the cost function (Y=F+vX). b- What percentage of the copy cost depends on number of copies? What portion of the fluctuation is not explained by that cost driver? You need to perform this using Excel. Submit the excel sheet along with your paper. 2- Using the high-low method, calculate the total fixed factory overhead cost and the variable factory overhead cost per direct labour hour and Prepare the cost function. 3. What would the total factory copy cost be at a level of 4,600 copies using each method above? 4. Which prediction method is the best method? Why? QUESTION 12 3 points Arabian Beauty Cosmetics borrowed BD 152,300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) is 11.759, and the compounding is daily, what is the Effective Annual Rate

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