Required information [The following information applies to the questions displayed below.] Mendota Foods sells a variety of food products around the world. The company engages directly with individuals with an interest in cooking by offering ideas and recipes in various staff blogs and podcasts. The management team at Mendota belleves this drives brand loyalty and allows Mendota to charge a premium for its products. One initiative that Mendota has been running for the last three years is a call center with staff who can provide help and answer questions about cooking in general and Mendota products in particular. The chief financial officer is interested in learning more about the costs of this initlative and how they vary with the demands placed on the center. To help answer the question, the financial staff have collected call center volume (number of calls) and call center cost for the last 12. months. During a discussion of those results, one of the cost analysts suggests that length of the calls (total hours) is probably a better driver of call center costs. The managers asked the analyst to collect the information and report on how it should be used. The combined data follow: Required: a. Use the high-low method to estimate the fixed and variable portions of call center costs based on call center time (hours) Note: Negative amounts should be indicated by a minus sign. b. Use the results of your high-low analysis to estimate the call center cost for a month with 16.000 hours of call center time d-1. Enter the regression coefficients. d-2. Estimate the cost for a month with 16,000 hours of call center time using the results from a simple regression of call center call center time (hours). Complete this question by entering your answers in the tabs below. Enter the regression coefficients. Note: Round your answers to 2 decimal places: d-1. Enter the regression coefficients. d-2. Estimate the cost for a month with 16,000 hours of call center time using the results from a simple regression of cali c call center time (hours). Complete this question by entering your answers in the tabs below. Estimate the cost for a month with 16,000 hours of call center time using the results from a simple regression of call center cost on call center time (hours). Note: Round intermediate calculations to two decimal places and final answer to nearest whole dollar amount. e-1. Enter the regression coefficients. e-2. Estimate the call center cost in a month of 62,250 calls and 16,000 hours of call center time (hours) using the results of a mul regression of call center costs on call center calls and call center time (hours). Complete this question by entering your answers in the tabs below. Enter the regression coefficients. Note: Round your answers to 2 decimal places. e-1. Enter the regression coefficients. e-2. Estimate the call center cost in a month of 62.250 calls and 16,000 hours of call center time (hours) using the results of a multiple regression of call center costs on call center calls and call center time (hours). Complete this question by entering your answers in the tabs below. Estimate the call center cost in a month of 62,250 calls and 16,000 hours of call center time (hours) using the results of a multiple regression of call center costs on call center calls and call center time (hours). Note: Round intermedlate caliculations to two decimal places and final answer to nearest whole dollar amount
