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Your answer is incorrect. Try again. Data for Cullumber Corporation's maintenance costs is shown below. Unlts Total Cost July 19,900 $44,670 August 35,392 53,088 September
Your answer is incorrect. Try again. Data for Cullumber Corporation's maintenance costs is shown below. Unlts Total Cost July 19,900 $44,670 August 35,392 53,088 September 39,816 60,830 24.332 October 47,356 November 44,240 82,397 December 42,028 68,572 Compute the variable- and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation. (We recommend that you use the Intercept and Slope functions in Excel.) (Round intercept 2 decimal places e.g. 1.25 and slope to 5 decimal places e.g. 1.25125.) x 103.58433 Intercept Slope 0.69529 0.69529 103.58433 per unit produced The cost equation is: $ Total cost Click if you would like to Show Work for this question: Open Show Work
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