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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 123456 Units 11 Total Etching Cost $ 26 8 20 13 32 7 19 9 24 6 12 29 60 $ 150 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week, . Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per wee b. Express these estimates in the form Y = a + bx. Complete this question by entering your answers in the tabs below. Req 2A Req 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.) Fixed etching cost per week Wariable etching cost per unit www Prev Novt
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