Solution-Find the variable rate for utilities costs per

Find the variable rate for utilities costs per meal served

Assignment Help Cost Accounting

Reference no: EM132803210

Question - Use the following information to answer the following question:

	Month Meals Served	Utilities Costs
December	45	401.00
January	35	360.00
February	25	347.00
March	40	385.00
April	50	414.00

Required -

1. Using the method of least squares, find the variable rate for utilities costs per meal served?

2. Using the method of least squares, find the fixed cost?

Reference no: EM132803210

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Find the variable rate for utilities costs per meal served

Reference no: EM132803210

Reference no: EM132803210

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