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Total Total Electricity Costs Machine Hours January $ 1,920 250 February 2,950 340 March 3,300 460 April 4,550 690 May 3,170 430 June 4,890 790
Total Total Electricity Costs Machine Hours January $ 1,920 250 February 2,950 340 March 3,300 460 April 4,550 690 May 3,170 430 June 4,890 790 July 4,010 650 August 3.930 560 September 5,020 680 October 4,390 615 November 3.260 340 December 6,150 810 (a) Calculate the unit variable costs and foxed 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 eTextbook and Media Save for Lateic Attempts: 0 of 3 used Submit
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