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Data for Ivanhoe Corporation's maintenance costs is shown below. Units Produced Total Cost July 15,480 $27.520 August 27.520 41.280 30.960 47.300 September October 18,920 32.680

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Data for Ivanhoe Corporation's maintenance costs is shown below. Units Produced Total Cost July 15,480 $27.520 August 27.520 41.280 30.960 47.300 September October 18,920 32.680 November 34,400 56.846 December 32,680 53,320 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) (Round intercept to 2 decimal places eg. 1.25 and slope to 5 decimal places e.g. 1.25125.) Intercept Slope $ The cost equation is: $ per unit produced - Total cost

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