Data for Pharoah Corporations maintenance costs is shown below.

Units Produced Total Cost

July 18,560 $38,254

August 32,992 49,488

September 37,116 56,705

October 22,682 39,178

November 41,240 76,810

December 39,178 63,922

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 e.g. 1.25 and slope to 5 decimal places e.g. 1.25125.)

Intercept $

Slope $

The cost equation is: $ + $ per unit produced = Total cost