Question: Edit question Estimate the linear total variable cost (TVC) function. Attach the excel output. Week Week Ending Quantity Produced Variable Cost Price Total Sales 1
Edit question Estimate the linear total variable cost (TVC) function. Attach the excel output.
| Week | Week Ending | Quantity Produced | Variable Cost | Price | Total Sales |
| 1 | 2020-06-13 | 3000 | 2366.08 | 2.79 | 2015 |
| 2 | 2020-06-20 | 5000 | 3839.06 | 1.89 | 3796 |
| 3 | 2020-06-27 | 2500 | 1923.12 | 2.59 | 2300 |
| 4 | 2020-07-04 | 3500 | 2711.02 | 2.49 | 2376 |
| 5 | 2020-07-11 | 3500 | 2668.62 | 2.39 | 2928 |
| 6 | 2020-07-18 | 3250 | 2484.41 | 2.39 | 2279 |
| 7 | 2020-07-25 | 3250 | 2515.99 | 2.39 | 2661 |
| 8 | 2020-08-01 | 3000 | 2334.22 | 2.39 | 2664 |
| 9 | 2020-08-08 | 3850 | 3043.43 | 1.99 | 3391 |
| 10 | 2020-08-15 | 3000 | 2258.34 | 2.29 | 2883 |
| 11 | 2020-08-22 | 3750 | 2972.60 | 2.09 | 2863 |
| 12 | 2020-08-29 | 3000 | 2295.65 | 2.39 | 2901 |
| 13 | 2020-09-05 | 4700 | 3601.62 | 1.79 | 3471 |
| 14 | 2020-09-12 | 3000 | 2315.95 | 2.39 | 2325 |
| 15 | 2020-09-19 | 3000 | 2385.23 | 2.39 | 2559 |
| 16 | 2020-09-26 | 3610 | 2844.30 | 1.99 | 3512 |
| 17 | 2020-10-03 | 3250 | 2505.03 | 2.19 | 3222 |
| 18 | 2020-10-10 | 3000 | 2288.69 | 2.29 | 2995 |
| 19 | 2020-10-17 | 3500 | 2641.91 | 2.09 | 2772 |
| 20 | 2020-10-24 | 2950 | 2276.59 | 2.19 | 2829 |
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