The controller of Carla Vista Industries has collected the following monthly cost data for analyzing the behaviour of electricity costs. January February March April May June July August September October November December Total Electricity Costs $ 1,920 2,950 3,300 4,550 3,170 4,890 4,010 3,930 5,020 4,390 3,260 6.150 Total Machine Hours 250 340 460 690 430 790 650 560 680 615 340 810
The controller of Carla Vista Industries has collected the following monthly cost data for analyzing the behaviour of electricity costs. January February March April May June July August September October November December Total Electricity Costs $ 1,920 2,950 3,300 4,550 3,170 4,890 4,010 3,930 5,020 4,390 3,260 6.150 Total Machine Hours 250 340 460 690 430 790 650 560 680 615 340 810
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 9SQP
Related questions
Question
Aa 128.
![The controller of Carla Vista Industries has collected the following monthly cost data for analyzing the behaviour of electricity costs.
January
February
March
April
May
June
July
August
September
October
November
December
Total
Total
Electricity Costs Machine Hours
$ 1,920
2,950
3,300
4,550
3,170
4,890
4,010
3,930
5,020
4,390
3,260
6.150
250
340
460
690
430
790
650
560
680
615
340
810](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc6f999b7-6deb-4015-91d6-5f59e418959d%2F9a900ac8-d93a-40d5-af8e-921778f3ff49%2Fm7dper9_processed.png&w=3840&q=75)
Transcribed Image Text:The controller of Carla Vista Industries has collected the following monthly cost data for analyzing the behaviour of electricity costs.
January
February
March
April
May
June
July
August
September
October
November
December
Total
Total
Electricity Costs Machine Hours
$ 1,920
2,950
3,300
4,550
3,170
4,890
4,010
3,930
5,020
4,390
3,260
6.150
250
340
460
690
430
790
650
560
680
615
340
810
![(a)
X Your answer is incorrect.
Calculate the unit variable costs and fixed costs using regression analysis for this mixed cost. Present your solution in the form of a
cost formula. (Round answers to 2 decimal places, e.g. 2.45.)
Intercept
Slope
The cost equation is: $
+ $
units produced = Total cost](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc6f999b7-6deb-4015-91d6-5f59e418959d%2F9a900ac8-d93a-40d5-af8e-921778f3ff49%2Fv0mis_processed.png&w=3840&q=75)
Transcribed Image Text:(a)
X Your answer is incorrect.
Calculate the unit variable costs and fixed costs using regression analysis for this mixed cost. Present your solution in the form of a
cost formula. (Round answers to 2 decimal places, e.g. 2.45.)
Intercept
Slope
The cost equation is: $
+ $
units produced = Total cost
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