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Help! Odie Company manufactures a popular brand of cat repellant known as Cat 8 -Gone, which it sells in gallon-size bottles with a spray attachment.
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Odie Company manufactures a popular brand of cat repellant known as Cat 8 -Gone, which it sells in gallon-size bottles with a spray attachment. The majority of Odie's business comes from orders placed by homeowners who are trying to keep neighborhood cats out of their yards. Odie's operating information for the first six months of the year follows: Required: 3. Using the high-low method, calculate Odie's total fued operating costs and variable operating cost per bottle: 4. Perform a least-squares regression analysis on Odie's data. 5. Determine how well this regression analysis explains the data. 6. Using the regression output, create a linear equation (y=a+bu for estimating Odie's operating costs. Complete this question by entering your answers in the tabs below. Using the high-low method, calculate odie's total fixed oporating costs and variable operating cost per bottle Step by Step Solution
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