Lancer Audio produces a high-end DVD player that sells for $1,300. Total operating expenses for July were as follows: Units produced and sold 150 $71.000 2.500 25.000 2.300 Component costs Supplies Assembly labor Rent Supervisor salary Electricity Telephone Gas Shipping Advertising Administrative costs Total 5.600 350 280 300 2.000 2,600 15.000 $126.930 Total operating expenses for the past 12 months are as follows: Units Produced and Sold Cost 165 $140.345 August September October 130 116.990 150 130,650 November 145 127.670 December 155 133.790 170 140 January February March April May 150 145 143.910 123.520 130.950 127.385 129.865 122.720 120.255 150 June 140 July 135 (a) Your Answer Correct Answer Use regression analysis to estimate fixed and variable costs. (Round answers to 2 decimal places, e.g. 15.25.) Estimated fixed cost $ Estimated variable cost $