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Grawburg Incorporated maintains a call center to take orders, answer questions, and handle complaints. The costs of the call center for a number of recent
Grawburg Incorporated maintains a call center to take orders, answer questions, and handle complaints. The costs of the call center for a number of recent months are listed below:
tabletableCallsTakenCall,Center CostApril$ May$ June$ July$ August$ September$ October$ November$
Management believes that the cost of the call center is a mixed cost that depends on the number of calls taken.
Required:
Estimate the variable cost per call and fixed cost per month using the leastsquares regression method.
Note: Round the "Variable cost" to decimal places and the "Fixed cost" to the nearest dollar amount.
tableVariable costper callFixed costper month
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