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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
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: Week 1 2 3 4 Units 9 6 11 5 7 10 Total Etching Cost $ 27 20 31 20 24 30 5 48 $ 152 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week 2-6. Express these estimates in the form Y=2+bX Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. (Round your answers to 2 decimal places :) Fwed etching cost per week Variable etching cost per unit $ (1322) 2.00 Rona Req 28 > Required Information George Caloz & Freres, 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 Week Units Total Etchine Cost 5 6 1 2 $ 27 20 31 20 24 30 4 5 6 5 7 10 $152 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week 2-4. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week 2.6. Express these estimates in the form Yox Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. RA Rea 20 Express these estimates in the form Ya+OX (Round your answers to 2 decimal cos. 9.30 2.00
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