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9.09 points Garfield Company manufactures a popular brand of dog repelant known as DogGone It, which it sells in gallon-size bottles with a spray attachment.

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9.09 points Garfield Company manufactures a popular brand of dog repelant known as DogGone It, which it sells in gallon-size bottles with a spray attachment. The majority of Garfield's business comes from orders placed by homeowners who are trying to keep neighborhood dogs out of their yards. Garfield's operating information for the first six months of the year follows of Bottles Operating SoldCost January February March April May June 1,000 1,460 1,700 2,470 3,470 3,800 10,630 15,620 15,940 19,720 27,870 34,800 Required 3. Using the high-low method, calculate Garfield's total fixed operating costs and variable operating cost per bottle. (Do not round your intermediate calculations. Roun your variable cost per unit answer to 2 decimal places and fixed cost answer to the nearest whole number.) Variable Cost per Unit Fixed Cost 4. Perform a least-squares regression analysis on Garfield's data. (Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your answers to 3 decimal places.) Intercept x Variable 1 5. Determine how well this regression analysis explains the data. (Round you regression statistics to three decinal places and your percentage answer to the nearest whole number.) Muliple R R Square Adusted R Square Standard Error ObservaSons From the regression output number of bottles explains about of the varnabilly in Garfield's total cost 6. Using the regression output, createo a linear cost equation (oya+ br) for estmating Garfeld's operating costs (Round your answers to 3 decimal places ) bx) for estmating Garield's operating costs. (Round your answers to 3 decimal places.) (Number of Bottles)

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