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hop Save & Exit Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research Park, home to numerous high-tech and

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hop Save & Exit Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research Park, home to numerous high-tech and bio-tech companies. Making color copies is one of its most popular and profitable services. The controller performed a regression analysis of data from the Color Copy Department with the following results: Intercept R square Number of observations x coefficient 30.874686 0.970922 6 0.081144 The regression output was based on the following data: Month July August September October November December Number of Color Copies 25.900 23,000 19,550 18,150 22,150 20,400 Color Copy Department Costs $2,095 1,955 1.500 1,475 1,815 1,725 Required: 1. What is the variable cost per color copy for TOSS? 2. What is the fixed cost for the Color Copy Department? 3. Based on the regression output obtained by the controller, what cost formula should be used to estimate future total costs for the Color Copy Department? Enter answer as an equation in the form of y = a + bx. 5-a. Use the high-low method to estimate the variable and fixed costs for the Color Copy Department 5-b. What cost formula should be used based on your analysis? Enter answer as an equation in the form of y" a + bx 6. I 22,800 coples are made during January, what is the total cost predicted by each method

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