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Required information George Caloz & Fr res , located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a

Required information
George Caloz & Frres, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the
company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs
as follows over the last six weeks:
For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost
per week.
Required:
2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week.
2-b. Express these estimates in the form Y=a+bx.
Complete this question by entering your answers in the tabs below.
Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per
week.
Note: Round your answers to 2 decimal places.
Fixed etching cost per week
Variable etching cost per unit
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