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)

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