Olana Company is estimating costs for the last half of
Olana Company is estimating costs for the last half of the year based on activity during the first half of the year. The results from January through June are as follows:
Required
A. Use linear regression analysis to determine the cost formula for Olana Company.
B. What is the estimated total cost of 6,000 units are produced?
C. What is the estimated total cost of 8,000 units are produced?
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