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 4 3 8 6 7 2 30 Total Etching Cost $18 17 25 20 24 16 $120 For planning purposes, management wants 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. 3. If the company processes five units next week, what would be the expected total etching cost? Complete this question by entering your answers in the tabs below.

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 wants to know the variable etching cost per unit and the total fixed etching cost per week. Required: -a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. b. Express these estimates in the form Y=a+bX . If the company processes five units next week, what would be the expected total etching cost? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Express these estimates in the form Y=a+bX. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. If the company processes five units next week, what would be the expected total etching Note: Round your intermediate calculations and final answer to 2 decimal places. Required: 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixe 2-b. Express these estimates in the form Y=a+bX. 3. If the company processes five units next week, what would be the expected total etching cost? 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 week. Note: Round your answers to 2 decimal places