George Caloz & Freres located in Grenchen Switzerland makes prestige high-end custom watches in small lots One of the company s products a platinum diving watch, goes through an etching process The company has observed etching costs as follows over the last six weeks: Week Units Total Etching Cost
1 17 $26
2 11 $20
3 13 $24
4 12 $22
5 14 $25
6 17 $28
84 $145
For planning purposes, management would like to know the amount of variable etching cost per unit and the total fixed etching cost per week.
Required:
1. Prepare a scattergraph plot. (Place etching cost on the vertical axis and units on the horizontal axis.)
2.a. Using the least-square regression method, estimate the variable and fixed elements of etching cost.
Fixed cost
Variable Cost per unit
2.b. Express the cost data in (2a) above in the form Y = a + bX.
3. If the company processes fifteen units next week, what would be the expected total etching cost?
Variable cost
Fixed cost
Total expected cost $0.00

Among the advantages of corporations are the ease of raising financial capital, professional management, and a. rapid promotions b. lower taxes c. limited liability d. specialization

Trinity coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for 2018: the beginning balance in the cash account was $ 3 comma 000. net cash provided by operating activities: $ 42 comma 000 net cash used for investing activities: $(26 comma 500) net cash provided by financing activities: $ 1 comma 700 the statement of cash flows will show

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