CAT 1 1. (a) The following table shows the number of units produced each month and the total incurred. MONTH UNITS COST JUNE 50,000 75,000 55,000 95,000 80,000 80,000 60,000 200 JULY 500 AUGUST 300 SEPTEMBER 800 ER 700 NOVERMBER 600 DECEMBER 400 Required Estimate the variable cost per unit and the fixed cost per month use high low method. (6mks) Calculate the regression line Y= a+bx (6mks) i. ii. (b) Explain four purpose of transfer pricing (8mks)