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On November 15, 2009, Sandra Cook, a newly hired cost analyst at Maroney Company, was asked to predict overhead costs for the company's operations in 2010, when 495 units are expected to be produced She collected the following quarterly data Click the icon to view the quarterly data) Requirements 1. Using the high-low method to estimate costs, prepare a prediction of overhead costs for 2010 2. Sandy can a regression analysis using the quarterly data she collected the result was Y = $366 + $5.62X Using this cost function (based on quarterly data) predict overhead costs for 2010 3. Which medition de volunteer? Why? ha M 50 Cut Requirement 1. Using the highlow method to estimate costs, prepare a prediction of overhead costs for 2010 or 2 Begin by estimating the cost function for a quarter year using the high low method (Enter the quarterly foxed cost rounded to two decimal places and the variable cost ent founded to four decimal places) net ang in by alculate Data table Jead costs for the company's operations in 15, 2009, Sandra Cook, a newly hard 95 units are expected to be produced icon to view the quarterly data) Production Overhead Quarter in Units Costs 1/06 72 S 713 2/06 75 707 g this cost function (based on quarterly data nts e high-low method to estimate costs, an a regression analysis using the quar overhead costs for 2010 prediction do you prefer? Why? 3/06 67 665 4/06 132 1,120 1/07 121 993 2/07 124 1,103 3/07 121 1.111 hent 1. Using the high-low method to esta estimating the cost function for a quarter to four decimal places) 4/07 129 unded to two decimal places and the variable 1,034 977 1/08 120 2/08 125 1,058 3/08 111 988 4/08 80 949 1/09 80 827 2/09 118 1.042 983 3/09 86 Print Done Clear all Check