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2 Professor John Morton has just been appointed chairperson of the Finance Department at Westiand University In reviewing the department's cost records, Professor Morton has

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2 Professor John Morton has just been appointed chairperson of the Finance Department at Westiand University In reviewing the department's cost records, Professor Morton has found the following total cost associated with Finance 101 over the last five terms Part 2 of 3 Nunber of fered Total Coss fall, last year t0 points s 11,000 6,000 Sumner. last year s 7.540 $ 12,000 Professor Morton knows that there are some variable costs, such as amounts paid to graduate assistants, associated with the course. He would ke to have the vanable and fixed costs separated for planning purposes Peferences 2-6 Using the least-squares regression method-estrmate the variable cost per section and the total fixed cost per term for Finance son 2-b Express these estimates in the fom Yra bk Complete this question by entering your answers in the tabs below. Required 7A Required 2 using the east-squares regression method, estimate the variable cost per section and the total fxed cost per term fo Finance 101.(Round your intermediate calculations and fal anewers to the nearest whole dolar amount.)

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