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Data for Cullumber Corporations maintenance costs is shown below. Units Produced Total Cost July 20,190 $ 44,085 August 35,904 53,856 September 40,392 61,710 October 24,684

Data for Cullumber Corporations maintenance costs is shown below.

Units Produced

Total Cost

July 20,190 $ 44,085
August 35,904 53,856
September 40,392 61,710
October 24,684 47,358
November 44,880 83,589
December 42,636 69,564

Compute the variable- and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation. (We recommend that you use the Intercept and Slope functions in Excel.)

Question:

Intercept

$ ________

Slope

$ ________

The cost equation is: $ ____ + $ ____ per unit pro

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