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Question 1 The following are weekly manufacturing labour cost and machine hours of Kamwala machine Rings (Pvt) Ltd Week Manufacturing labour cost Machine hours 1
Question 1 The following are weekly manufacturing labour cost and machine hours of Kamwala machine Rings (Pvt) Ltd Week Manufacturing labour cost Machine hours 1 1 190 68 2 1 211 88 3 1 004 62 4 917 72 5 770 60 6 1 456 96 7 1 180 78 8 710 46 9 1 316 82 10 1 032 94 11 752 68 12 963 48 Required Using the above data calculate the following i) Variable cost per unit ii) Fixed cost iii) The regression line [25]
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