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Problem 1 Given the following information perform the following: a. Using data from Excel's Regression Analysis show the linear equation that describes the overhead cost:
Problem 1 Given the following information perform the following: a. Using data from Excel's Regression Analysis show the linear equation that describes the overhead cost: Place here the linear equation from the regression analysis that describes the overhead cost Total fixed and costs and variable costs per unit must be displayed in whole dollars with 2 decimal places Month Overhead Machine hours 1,470 1,104 1,280 873 1,240 1,705 1.586 847 1,406 1,028 865 1,644 1.338 1,464 1,286 1s 12,202 2 10,455 3 $ 11,293 4 $ 9,354 5 S 11,104 6 $ 13,321 7 $ 12,755 8 S 9,280 9 S11,895 10 10,091 11 $ 9,317 12 13,033 13 11,573 14 $ 12,174 15 s11,321 b. Using the high/low method calculate the total fixed cost and variable cost per unit. I must be able to see your calculation for you to receive credit
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