Question
5 8 Required information The following information applies to the questions displayed below] Odessa, Inc., manufactures one model of computer desk. The following data
5 8 Required information The following information applies to the questions displayed below] Odessa, Inc., manufactures one model of computer desk. The following data are available regarding units shipped and total shipping costs: Book Hm Number of Units Month Shipped Total Shipping Cost January 70 $4,250 February 65 4,150 March 38 2,400 April 68 3,750 May 35 2,000 June 45 2,650 July 75 3,750 mences Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y a + bx) for estimating Odessa's shipping costs.
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