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Andrews Ceramics produces specialty ceramic products for multiple uses. The company is evaluating a proposal from a start - up company that is manufacturing micro

Andrews Ceramics produces specialty ceramic products for multiple uses. The company is evaluating a proposal from a start-up company that is manufacturing micro generators. The start-up wishes to purchase a quantity of your Type D48 ceramic spools. You believe that micro generators could be a growth market in the future. Being an early supporter of the start-up business could allow for substantial future business for your company.
Using regression analysis, determine the cost-estimating equation to manufacture Type D48 ceramic spools.
Month Spools Produced Manufacturing Costs
January 6,600 $6,675
February 8,100 $6,650
March 6,300 $6,300
April 7,500 $6,900
May 9,130 $8,080
June 8,550 $8,640
July 5,460 $6,600
August 7,623 $7,832
September 9,801 $7,315
October 6,600 $6,468
November 5,187 $6,270
December 6,552 $6,975
What is the lowest price that your company could accept without making the company worse off?
Enter your answer rounded to two decimals; for instance, 0.4567=0.46. Do not include the dollar sign ($) in your answer.

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