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Compute the variable- and fixed-cost elements using regression analysis. Present your solution in Data Analytics...

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Accounting

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Compute the variable- and fixed-cost elements using regression analysis. Present your solution in Data Analytics Problem Sp21 Data for Beaver Corporation's maintenance costs is shown below. Units Produced Total Cost July 18,000 $32,000 August 32.000 $18,000 September 36.000 $55.000 October 22,000 $38,000 November 40,000 566,100 December 38.000 562.000 Required: the form of a cost equation. (Please use the intercept and Slope fictions in Excel) Maintenance costs Intercept Slope Please see the Excel spreadsheet in the D2L "Content" aren if you need help in setting this problem up. Thank you. Solution Using regression analysis in Excel the intercept and slope are: Intercept: Slope: 4836.39 1.46281 The cost equation is: Total cost $4.836.39 +$1.46281 per unit produced

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