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v PITO Point 1.33 of 4 Save Groene Corporation manufactures a drink bottle, model CL24. During 2020, Groene produced 230.000 boties at a total cost
v PITO Point 1.33 of 4 Save Groene Corporation manufactures a drink bottle, model CL24. During 2020, Groene produced 230.000 boties at a total cost of 977 500. Kral Corporation has offered to supply as many bottles Greene wat cost of $440 per bottle Greene anticipates needing 246.000 bottles each year for the next few years Read the requirements Requirement ta. What is the average cost of manufacturing a drink bottle in 2020? How does it compare to Kratoner? The average cost of $ 425 per bottle lates than Kars offer Requirement th. Can Greone use the answer in requirements to determine the cost of manufacturing 216,000 en botti? Explain Greene cannot take the average manufacturing cont in 2020 to determine the total cost of manufacturing 240.000 drink botten. The reasons some of the total costs are fixed costs and some are variable costa Requirement 2. Greene's cost analyst uses annual data from past years to estimate the following regression equation with soal manufacturing costs of the drink botte as the dependent variable and bottes produced as the independent variable y $430,000 $300X During the years used to estimate the regression equation, the production of drink bottles and from 220.000 to 256,000. Uning this equation estimate how much it would cost Groene to manufacture 246,000 drink botties. How much more or less costly is it to manufacture the bottles rather than to acquire them from Kraf? Estimato how much it would cost Greene to manufacture 246,000 drink bottles, then calculate the cost to purchase the bottet Estimated cost to make the bottles Cost to purchase the bottles
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