IS Assignment Production Volume (units) Total Cost ($) 400 4,500 450 5,500 550 5,900 600 6,400 700 6,900 750 7,500 a. Use these data to develop an estimated mammm_oa equation that could be used to predict the total cost for a given production volume. Do not round intermediate calculations. Compute b; and by (to 1 decimal). Do not round intermediate calculations. by bo Complete the estimated regression equation (to 1 decimal). Do not round intermediate calculations = - T | b. What is the variable cost per unit produced (to 2 decimal)? Do not round intermediate calculations. $ c. Compute the coefficient of determination (to 3 decimals). Do not round intermediate calculations. Note: report 7 between 0 and 1. 2 1 ' s What percentage of the variation in total cost can be explained by the production volume (to 1 decimal)? Do not round intermediate calculations. m.w | d. The company's production schedule shows 500 units must be produced next month, What is the estimated total cost for this operation (to the nearest whole number)? Do not round intermediate calculations |