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9 art 2 of 2 5 ints eBook Hint References Ic raw ! Required information Exercise 5A-5 (Algo) Least-Squares Regression [LO5-11] George Caloz & Frres,
9 art 2 of 2 5 ints eBook Hint References Ic raw ! Required information Exercise 5A-5 (Algo) Least-Squares Regression [LO5-11] George Caloz & Frres, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 1 2 3 4 5 6 Units 14 11 16 10 12 15 78 Total Etching Cost $ 27 20 30 20 25 28 $ 150 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 3 (Algo) Expected total etching cost 3. If the company processes thirteen units next week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.) Prev 9 of 9 Next
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