PROBLEM - LINEAR REGRESSION TECHNIQUES (60 POINTS)A company has the following historic pattern of total manufacturing costs versus total number of products produced:MONTHUNITSTOTAL COSTS PRODUCED January12,500$430,000 February17,000$490,000 March19,000$512,000 April10,000$400,000 May14,000$434,000 June9,000$360,000 July20,000$550,000 August21,000$525,000 September24,000$605,000 October23,000$589,000 November28,000$702,000 December18,000$496,000

1) From this information, what are my approximate fixed costs and what is my estimated variable cost per product produced? (20 POINTS)

Fixed Costs = Variable Cost per Unit = 2) If I manufacture 35,000 units this month, what are my projected total costs? (10 POINTS)Total Costs = 3) If my total costs this month can not exceed $600,000, approximately how many units can I produce? (10 POINTS)Units produced = 4) Produce a figure of your choosing that presents Units Produced for each month. (20 POINTS)