QUIZ REVIEW

FGH inc manufactures chips which are sold to the hypermarkets and then to the consumers
The number of chips sold to the hypermarkets during the period 2019-20 are as follows
Month	# of chips	Total Cost
	sold
1	190	$ 1,300
2	220	$ 1,350
3	250	$ 1,150
4	310	$ 1,550
5	370	$ 1,770
6	800	$ 4,010
7	560	$ 2,300
8	570	$ 2,420
9	480	$ 2,400
10	490	$ 2,500
11	220	$ 1,100
12	500	$ 2,400
Solve by Least-squares Regression Method and find out Variable cost per packet of chips sold,
the Fixed costs per month, and semi-variable costs per month associated with it.
DO NOT SOLVE BY HIGH-LOW METHOD AND REGRESSION COEFFICIENT FORMULA
THIS IS AN ACCOUNTING QUES, SO DO NOT POST IN STATISTICS