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BVC inc produces and sells to its distributors, packets of kids Diapers. The Accountant of BVC inc has provided you the Estimated Sales of packets
BVC inc produces and sells to its distributors, packets of kids Diapers. The Accountant | ||
of BVC inc has provided you the Estimated Sales of packets of Diapers and its total costs. | ||
Month | # of Packets | Total |
sold | Cost | |
1 | 110 | $ 95,000 |
2 | 275 | $ 225,000 |
3 | 310 | $ 245,000 |
4 | 325 | $ 280,000 |
5 | 370 | $ 280,000 |
6 | 670 | $ 440,000 |
7 | 550 | $ 350,000 |
8 | 570 | $ 350,000 |
9 | 500 | $ 340,000 |
10 | 490 | $ 330,000 |
11 | 250 | $ 175,000 |
12 | 350 | $ 250,000 |
Solve by Least-squares Regression Method ONLY AND COMPUTE THE FOLLOWING | ||
Requirements: | ||
(i) Variable cost per Packet= $ | ||
(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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