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FNG express inc manufactures small-sized trucks in California, USA. It begins its business in 2020. It manufactures trucks on the basis of order from the

FNG express inc manufactures small-sized trucks in California, USA. It begins its business
in 2020. It manufactures trucks on the basis of order from the clients, i.e., there will be
no opening and ending inventory. Relevant data is given below
Month # of Trucks Total
sold Cost
Jan 100 $ 75,000
Feb 150 $ 115,000
Mar 280 $ 210,000
Apr 300 $ 250,000
May 320 $ 225,000
June 520 $ 325,000
July 520 $ 330,000
Aug 570 $ 350,000
Sep 500 $ 340,000
Oct 490 $ 330,000
Nov 230 $ 150,000
Dec 400 $ 275,000
Solve by Least-squares Regression Method ONLY AND COMPUTE THE FOLLOWING
Requirements:
(i) Variable cost per Truck= $
(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
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