Garcia Corporntion manufactures a drink bottle, model CL24. During 2020, Garcin produced 190,000 bottles at a total cont of \\( \\$ 674,500 \\). Beocher Corporstion has offlored to oupply as many bottles as Garcia wants at a cost of \\$3.45 per bottle. Garcia anticipetes neoding 205,000 bottles each year for the next fow yours. Read the requirements. Requirament 1a. What is the average cost of manulacturing a drink boetle in 2020 ? How does it compare to Beecher's offer? The avernge cost of per bolfe is than Beechor's oflor. Requirement tb. Can Garcia use the answer in requirement ta to dotermine the cout of manufacturing 205,000 drink botios? Explain. Garcia take the average manufacturing coet in 2020 to determine the total cost of manufacturing 205,000 drink boltlea. The reasch in that Bescher? Fitimate how much it would cout Carcia to manufacture 205,000 drink botles, then calculale the cost to purchase the botses. Estimated coet to make the bollies Com to purchase the bottles It wit cost to purchase the boltios rather than manufacture ithem in house A. Can Garda's competitors manufacture drink botties at a cost hoss than Garcia? 8. Does the silopo of the regression line indicate that a strong relationship exasts between manufacturing costs and the number of deink botties prodiced? c. Is the rulationship between fotal manulacturing costs and quartity of drink bottles econonically plaissible? D. How good is the goodness of fa? That is, how well does the entimated fine ftr the data