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Requlred Information George Caloz & Frres, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving

image text in transcribed Requlred 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. Requlred: -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 twenty units next week, what would be the expected total etching cost

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