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sorry i just updated wrong question Calculate the expected costs when production is 5,400 units. (Round per unit calculations to 2 decimal places, eg. 15.26
sorry i just updated wrong question Calculate the expected costs when production is 5,400 units. (Round per unit calculations to 2 decimal places, eg. 15.26 and final answer to the nearest whole dollar, eg. 5,275.) Cost to produce 5,400 units The controller of Oriole industries has collected the following monthly cost data for analyzing the behaviour of electricity costs. $480 and $210, respectively. Calculate the unit variable costs and fixed costs using regression analysis for this mixed cost. Present your solution in the form of a cost formula. (Round answers to 2 decimal places, eg. 2.45.) Intercept Slope The cost equation is: \$ +$ units produced = Total cost Cullumber Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3,400 units. The utilities and maintenance costs are mixed costs. The fixed portions of these costs are $480 and $210, respectively
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