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Required information [The following Information applies to the questions displayed below.] Odessa, Inc., manufactures one model of computer desk. The following data are available
Required information [The following Information applies to the questions displayed below.] Odessa, Inc., manufactures one model of computer desk. The following data are available regarding units shipped and total shipping costs: Month Number of Units Total Shipping Shipped Cost January 55 $3,100 February 70 3,700 March 45 2,550 April 60 3,900 May 35 1,850 June 50 3,450 July 25 2,350 Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y a + bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar) Fixed Cost Variable Cost per Unit Required Required 4 >
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