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BBA inc begins its business on 1 Jan, 2019 and is in the business of manufacturing of Footballs. It sells Footballs in a lot of
| BBA inc begins its business on 1 Jan, 2019 and is in the business of manufacturing of Footballs. | ||
| It sells Footballs in a lot of 10 Footballs in a C.Box (Carry Box). Following is the Sales and | ||
| Total costs data for its second year of operations. | ||
| Month | # of Lots | Total |
| sold | Cost | |
| Jan | 500 | $ 25,000 |
| Feb | 550 | $ 26,500 |
| Mar | 560 | $ 27,000 |
| Apr | 600 | $ 29,500 |
| May | 450 | $ 23,000 |
| June | 550 | $ 26,000 |
| July | 680 | $ 32,000 |
| Aug | 700 | $ 32,500 |
| Sep | 560 | $ 26,250 |
| Oct | 570 | $ 26,750 |
| Nov | 600 | $ 28,000 |
| Dec | 400 | $ 20,000 |
| Solve by Least-squares Regression Method ONLY AND COMPUTE THE FOLLOWING | ||
| Requirements: | ||
| (i) Variable cost per Lot= $ | ||
| (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 | ||
| I ALREADY GOT INCORRECT ANSWERS | ||
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
978-1111222284
