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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Garfield Company manufactures a popular brand of dog repellent 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 thelr yards. Garfield's operating information for the first six months of the year follows: Month January February March April May June Number of Bottle Bold 1.000 1,400 1,750 2.400 3,480 3,625 Operating cont $10,500 15,740 15,800 19,675 27,245 34.255 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. Round your variable cost per unit answer to 2 decimal places and fixed cost answer to the nearest whole number.) Answer is complete and correct. $ 9.24 Variable Cost per Unit Fixed Cost s 1.260 Return to question 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.) Answer is complete but not entirely correct. ment Intercept 5,156,953 x Variable 1 6.290 5. Determine how well this regression analysis explains the data (found you regression statisties to three decimal places and your percentage answer to the nearest whole number) Answer is complete but not entirely correct. Thorson Multiple 0.985 R Square 0.070 Add R Square 0.961 Standard Error 1,232.775 Observations 6.000 From the regression output of the variability number of bottles explains 97 in Garfield's Answer is complete but not entirely correct. Roorlon Statistics Multiple R 0.985 R Square 0.970 3 Adjusted R Square 0.961 Standard Error 1,232.775 Observations 8.000 From the regression output, number of bottles explains 97 % about of the variability in Garfield's total cost. + 6. Using the regression output, create a linear cost equatlon (y= 3 + bx) for estimating Garfield's operating costs. (Rou to 3 decimal places.) Answer is complete but not entirely correct. $ 5,155.953 6.299 (Number of Bottles) Total Cost $

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