Hi Subject is Managerial accounting.

Fraser River Manufacturing has been trying to understand their costs for the current period and to help them determine the budgeted unit cost for manufacturing for next year. The accountant has provided you with the following information for the past six months: Month Cost Production in Units July $49,011 22,200 August 58,750 26,400 September 85,245 40,500 October 76,400 31,000 November 62,500 29,000 December 86,851 39,800.

Using the regression analysis below, determine the cost function for production cost for Fraser.

\begin{tabular}{lr} \hline \multicolumn{2}{c}{ Regression Statistics } \\ \hline Multiple R & 0.9677 \\ R Square & 0.9364 \\ Adjusted R Square & 0.9205 \\ Standard Error & 4,332.67 \\ Observations & 6 \\ \hline \end{tabular} ANOVA RESIDUAL OUTPUT \begin{tabular}{ccrc} \hline Observation & PredictedCost & Residuals & StandardResiduals \\ \hline 1 & 50,970.90 & (1,959.90) & (0.5057) \\ 2 & 59,486.39 & (736.39) & (0.1900) \\ 3 & 88,074.10 & (2,829.10) & (0.7300) \\ 4 & 68,812.88 & 7,587.12 & 1.9578 \\ 5 & 64,757.88 & (2,257.88) & (0.5826) \\ 6 & 86,654.85 & 196.15 & 0.0506 \\ \hline \end{tabular}