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Simmons Manufacturing, Inc. produces a single product. A scattergraph of total overhead costs to produce (y axis) and units produced (x axis) was constructed. A
Simmons Manufacturing, Inc. produces a single product. A scattergraph of total overhead costs to produce (y axis) and units produced (x axis) was constructed. A line was plotted that seemed to best fit the data on the scattergraph. The following point is on the line X= 11100 Y 449793 In addition, the line crosses the Y axis at $287400 Please answer the following questions [Round answers to the nearest penney (two places to the right of the decimal)] 1. What is the variable cost of manufacturing overhead per unit? 2 What is the fixed cost of manufacturing overhead? 3. What is the predicted total cost of manufacturing overhead if Simmons produce 19050 units
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