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Saved Chapter 5 Assignment i Check my work 11 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: 10 points Intercept 612. 919822 R-squared 0. 748156 Number of observations X coefficient 0. 054285 eBook The regression output was based on the following data: Print Number Color Copy of Color Department In Month Copies Costs References July 22, 600 $ 1, 800 August 21, 600 1, 840 September 22, 650 1, 830 October 24, 900 2, 005 November 22, 850 1, 830 December 24, 250 1, 910 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. If 24,100 copies are made during January, what is the total cost predicted by each method? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Req 5A Req 5B Req 6 What is the variable cost per color copy for TOSS? Note: Enter your answer in cents, rounded to 1 decimal place (i.e., $0.076 should be entered as 7.6). Show less ariable cost per color copy (in cents Req 1 Req 2 >