George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small fots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 1 2 3 Units 9 5 11 5 8 11 49 Total Etching Cost $ 24 21 29 20 24 27 $ 145 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 3. If the company processes nine units next week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.) Expected total etching cost
George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small fots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 1 2 3 Units 9 5 11 5 8 11 49 Total Etching Cost $ 24 21 29 20 24 27 $ 145 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 3. If the company processes nine units next week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.) Expected total etching cost
Chapter1: Financial Statements And Business Decisions
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