Question D: Cost Behavior 3 Amber Foster Products, Inc., a discount store, has gathered data on its overhead activities and associated costs for the past 12 months, Amber Foster, a member of the CFO's office, believes that werhead activities and costs should be classified into groups that have the same driver. Amber has decided that unloading incoming goods, counting goods, and inspecting goods can be grouped together as a more general receiving activity, since these three activities are all driven by the number of purchase orders. The following 12 months of data have been gathered for the receiving activity! Month Purchase Orders Receiving Cost 1 1223 $57,583 2 1856 $81.849 1798 $60.552 2326 $82.448 1986 $64.775 1546 $64,865 1859 $61,929 8 2012 $65,369 1859 $61,928 10 1568 $65,369 11 1986 $64.773 12 1846 $61.632 4 5 7 Question D: Part 1 Using the high-low method, what is the cost formula for the receiving function Tow Cost - $22.54x+53.020 Total cost $12.541453.020 Total Cost - $22.541)+$30,000 Total Cost - $12.541-530,020 Total Cost - 532 546+$30,020 S U Question 15 5 pts Summary Output of Least Squares Regression Anova df SS MS F Significance F Regression 1 430952847.2 430952847 9955390,35 2.51656E 31 Residual 10 432.8839272 43.2883927 Total 11 430953280.1 Intercept X Variable 1 Coefficients 24.57866074 22.53733392 Standard Error 3.15277942 0.007142881 Stat 1.8687047 3155.21637 P-value 0.09120187 2.5166E 31 Question D: Part 2 Using the provided summary output (that used the method of least squares), what is the cost formula for the receiving activity Total Cost - $22.5400+$24.58 Total Cost - $22.546+$2.458 Total Cost - $22.546x)-520,458 Total Cost - $22.546045 204,580 Total Cost - $225418+$2.010.580 5 pts Question 16 > X E Question 16 5 pts Question D: Part 3 Using the cost formula you derived in Question D, Part 2, how much would the total predicted cost be with 1.750 purchase orders? O $31,470 $35,470 $39,470 $43.470 O $47,470 5 pts Question 17 Question D: Part 4 The standard error of the regression is 770.498. Using this information, your answer to items Question D: Part 2 and Question lor artimate