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Soal A The Saints Company wants to develop an estimate of ifts supplies costs. George Saint, controller, has collected what he believes to be the
Soal A The Saints Company wants to develop an estimate of ifts supplies costs. George Saint, controller, has collected what he believes to be the relevant data for the past 12 months. Mr. Saint's professional opinion that the supplies cost should be closely related to the volu of the product produced; thus, he has provided you with the following information: Month Units Produced Cost of Supplies () January February March April May June July August September 100 October November 60 December 50 100 80 70 50 60 80 70 80 3,550 2,980 2,970 2,410 2,530 3,180 2,830 2,820 3,220 2,950 2,560 2,420 70 1. Prepare a cost formula for the cost supplies (Y abX) 2. Based on the above answer, if the Saints Company plan to produce 110 units, cal the estimation cost of supplies. You can use high low or regression method
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