Group Activity You are given the following data for output at a factory and costs of production over the past five months. Month Output 20,000 16,000 Costs January February P4,100,000 3,500,000 March 24,000 22,000 4,500,000 4,250,000 April May 18,000 3,650,000 Required 1. Analyze the production costs into fixed and variable costs, based on the data given, utilizing the linear regression analysis. 2. Prepare a budget for total costs if output is 25,000 units.

Group Activity You are given the following data for output at a factory and costs of production over the past five months. Month Output 20,000 16,000 Costs January February P4,100,000 3,500,000 March 24,000 22,000 4,500,000 4,250,000 April May 18,000 3,650,000 Required 1. Analyze the production costs into fixed and variable costs, based on the data given, utilizing the linear regression analysis. 2. Prepare a budget for total costs if output is 25,000 units.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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