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Required # 1 : Construct an Excel spreadsheet and use the Excel commands to perform a least - squares regression. Estimate the variable - and
Required #:
Construct an Excel spreadsheet and use the Excel commands to perform a leastsquares regression. Estimate the variable and fixedcost components in the companys materialhandling department costs.
Note: Round the Variablecost component to decimal places and the Fixedcost component to the nearest whole dollar amount.
Required #:
Complete the leastsquares regression equation for the departments costs.
Note: Round variable cost per unit to decimal places and other answer to the nearest whole dollar amount.
Required #:
Predict the firms materialhandling departments costs for a month when units of activity are recorded.
Note: Round variable cost per unit to decimal places and final answer to the nearest whole dollar amount.
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