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A homemaker establishes her own business unit to manufacture bread toast maker in the year 2015. Now she estimates the sales of toast maker and

A homemaker establishes her own business unit to manufacture bread toast maker in the
year 2015. Now she estimates the sales of toast maker and its total costs for the coming
year, which is given in tabular form below
Month # of Toast maker Total
sold Cost
Jan 250 $ 14,000
Feb 450 $ 22,000
Mar 560 $ 27,000
Apr 270 $ 21,000
May 450 $ 23,000
June 500 $ 25,000
July 650 $ 31,000
Aug 710 $ 33,000
Sep 560 $ 26,250
Oct 580 $ 27,000
Nov 550 $ 26,000
Dec 320 $ 17,500
Solve by Least-squares Regression Method ONLY AND COMPUTE THE FOLLOWING
Requirements:
(i) Variable cost per Toast maker= $
(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
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