Jackson Co. had the following data for units produced and maintenance costs in each of the four quarters of their prior fiscal year:

QUARTER 1: 10 units and $61

QUARTER 2: 13 units and $73

QUARTER 3: 9 units and $60

QUARTER 4: 12 units and $70

8. Using the Linear Regression Method, the slope of the budget line would be

a.$3.00

b.$3.25

c.$3.50

d.$3.75

9. Using the Linear Regression Method and your answer from #8 above, calculate the fixed costs (Y-

intercept) for the budget line

a.$23.50

b.$28.75

c.$27.50

d.$25.75