Question: FINANCE 425 - FINAL EXAM PROBLEM - LINEAR REGRESSION TECHNIQUES (60 POINTS) A company has the following historic pattern of total manufacturing costs versus total

FINANCE 425 - FINAL EXAM PROBLEM - LINEAR REGRESSION TECHNIQUES (60 POINTS) A company has the following historic pattern of total manufacturing costs versus total number of products produced: MONTH UNITS TOTAL COSTS PRODUCED January 12,500 $430,000 February 17,100 $490,000 March 18,900 $512,000 April 10,000 $400,000 May 14,200 $434,000 June 9,000 $360,000 July 20,100 $550,000 August 21,000 $525,000 September 23,900 $605,000 October 23,000 $589,000 November 27,600 $702,000 December 17,800 $496,000 1) From this information, what are my approximate fixed costs and what is my estimated variable cost per product produced? (20 POINTS) Fixed Costs = Variable Cost per Unit = 2) If I manufacture 31,000 units this month, what are my projected total costs? (10 POINTS) Total Costs = 3) If my total costs this month can not exceed $800,000, approximately how many units can I produce? (10 POINTS) Units produced = 4) Produce a figure of your choosing that presents Units Produced for each month using the information provided above. (20 POINTS)

FINANCE 425 - FINAL EXAM PROBLEM - LINEAR
FINANCE 425 - FINAL EXAM PROBLEM - LINEAR REGRESSION TECHNIQUES (60 POINTS) A company has the following historic pattern of total manufacturing costs versus total number of products produced: MONTH UNITS TOTAL COSTS PRODUCED January 12,500 $430,000 February 17,100 $490,000 March 18,900 512,000 April 10,000 5400000 May 14200 $434,000 June 9,000 3360,000 July 20,100 550000 August 21,000 $525,000 September 23,900 5605000 October 23.000 $589.000 Movember 27,600 5702000 December 17,800 3496,000 1) From this information, what are my approximate fixed costs and what is my estimated variable cost per product produced? (20 POINTS) Fixed Costs = Variable Cost per Unit = 2) If | manufacture 31,000 units this month, what are my projected total costs? (10 POINTS) Total Costs = 3) If my total costs this month can not exceed $800,000, approximately how many units can | produce? (10 POINTS) Units produced = 4) Produce a figure of your choosing that presents Units Produced for each month using the information provided above

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