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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 Units 11 15 12 Total Etching Cost $ 22 29 24 20 24 26 1 2 3 4 5 6 10 13 14 75 $ 145 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. Reg 2A Reg 2B Using the least-squares regression method, estimate the variable etching cost per unit an week. (Round your answers to 2 decimal places.) Fixed etching cost per week Variable etching cost per unit Flea 2 Reg 2B > Ved Help Save & EXIT Submit Check my work 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 5 Units 11 15 12 10 13 14 Total Etching Cost $ 22 29 24 20 24 26 75 $ 145 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. Req 2A Req 2B Express these estimates in the form Y = a + bx. (Round your answers to 2 decimal places Y =
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