Required information George Caloz & Frres, located in Grenchen, Switzerland, makes luxury custom watches in small...
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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 watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: 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 Units Total Etching Cost 1 17 $ 26 2 11 $ 20 3 13 $ 24 4 12 $ 22 5 14 $ 75 5 17 84 $ 28 $145 Week Units Total Etching Cost 1 17 $ 26 11 $ 28 13 $24 4 12 $ 22 5 14 $25 6 17 84 $ 28 $145 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cast per week. 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-b. Express these estimates in the form Y = a + bx. Complete this question by entering your answers in the tabs below. 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. Required 2A Required 2B 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 Variable etching cost per unit Required 2A Required 26 Express these estimates in the form Y = a + bx. (Round your answers to 2 decimal places.) Y= $ 2.00 < Required 2A Required 2B > 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: 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 Units Total Etching Cost 1 17 $ 26 2 11 $ 20 3 13 $ 24 4 12 $ 22 5 14 $ 75 5 17 84 $ 28 $145 Week Units Total Etching Cost 1 17 $ 26 11 $ 28 13 $24 4 12 $ 22 5 14 $25 6 17 84 $ 28 $145 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cast per week. 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-b. Express these estimates in the form Y = a + bx. Complete this question by entering your answers in the tabs below. 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. Required 2A Required 2B 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 Variable etching cost per unit Required 2A Required 26 Express these estimates in the form Y = a + bx. (Round your answers to 2 decimal places.) Y= $ 2.00 < Required 2A Required 2B >
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