Question: COMPLETEEEE SOLUTION AND ANSWER PLEASEEEE PROBLEM 1 :Using the Method of Least Squares , calculate the following: Variable Cost per Unit Total Fixed Cost Total
COMPLETEEEE SOLUTION AND ANSWER PLEASEEEE
PROBLEM 1 :Using the Method of Least Squares, calculate the following:
- Variable Cost per Unit
- Total Fixed Cost
- Total Cost at activity level 30,000 units
- Total cost at activity level 50,000 units
| BATCH | Number of Units | COST |
| 1 | 5,000 | 22,000.00 |
| 2 | 12,000 | 31,000.00 |
| 3 | 25,000 | 50,000.00 |
| 4 | 8,000 | 26,000.00 |
| 5 | 4,000 | 20,000.00 |
| 6 | 20,000 | 40,000.00 |
| 7 | 18,000 | 39,000.00 |
| 8 | 9,000 | 28,000.00 |
| 9 | 10,000 | 29,000.00 |
| 10 | 14,000 | 34,000.00 |
| 11 | 16,000 | 37,000.00 |
| 12 | 23,000 | 45,000.00 |
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