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Bronze Itd recorded the following cost for the past six months. Month Activity Level (Units) Total Cost (GHC) 1 26 6,566 2 30 6,510 3
Bronze Itd recorded the following cost for the past six months. Month Activity Level (Units) Total Cost (GHC) 1 26 6,566 2 30 6,510 3 33 6,800 4 44 6,985 48 7,380 6 50 7,310 5 Required: (a) Estimate the fixed cost per month and variable cost per unit using linear regression analys (b) Estimate the total cost for the following activity levels in a month. 75 units 90 units
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