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provide formulas and answers Labor 2,150 151,400 Fixed plus 5750 for hourly help for assembling five computers) 3-3 High-Low, Regression Analysis On Ma5 15, 2009,

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Labor 2,150 151,400 Fixed plus 5750 for hourly help for assembling five computers) 3-3 High-Low, Regression Analysis On Ma5 15, 2009, Eli, a newly hired cost analyst at Samson Company, was asked to predict overhead costs for the company's operations in 2008, when 535 units are expected to be produced. He collected the following quarterly data: Production in Units 135 Quarter 1/06 2/06 3/06 4/06 1/07 2/07 3/07 4/07 1/08 2/08 3/08 4/08 1/09 2/09 3/09 Overhead Costs $ 850 759 645 1.220 975 1,125 1,129 1,095 975 1,160 975 126 112 969 85 129 850 1.084 975 1. Using the high-low method to estimate costs, prepare a prediction of overhead costs for 2010 2 Sandy ran a regression analysis using the data she collected. The result was Y-$347 + $5.76X. Using this cost function, predict overhead costs for 2010

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