Answer to Question #301779 in Statistics and Probability for favor

Question

1. (a) The following table shows the number of units produced each month and the total incurred.

MONTH UNITS COST

JUNE 200 50,000

JULY 500 75,000

AUGUST 300 55,000

SEPTEMBER 800 95,000

OCTOBER 700 80,000

NOVERMBER 600 80,000

DECEMBER 400 60,000

              i ) Estimate the variable cost per unit and the fixed cost per month use high low method.

             ii.        Calculate the regression line Y= a+bx