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Required information [The following information applies to the questions displayed below.) Bargain Rental Car offers rental cars in an off-airport location near a major tourist

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Required information [The following information applies to the questions displayed below.) Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California Management would like to better understand the variable and fixed portions of it car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns Accordingly, the following data have been compiled: Month January February March April May June July Rental Returns 2,300 2,500 2,700 2,960 3,600 4,900 5,400 5.300 4,600 1,500 2,100 Car Wash Costs $ 10,200 $ 12,700 $11,000 $ 13,100 $ 15,400 $ 21,700 $ 21,400 $ 20,200 $ 22,000 $ 18,700 59,900 August September October November Prey & 2. Using least-squares regression, estimate the variable cost per rental return and the monthly fixed cost incurred to wash cars. (Roun Fixed cost to the nearest whole dollar amount and the Variable cost per unit to 2 decimal places.) 2.187 Fixed cost per month Variable cost per rental return 5 $ 3.79 ALLVIUMIyiy, ule IOI Willy udld Ildveveen Lurpeu. Month January February March April May June July August September October November December Rental Returns 2,300 2,500 2,700 2,900 3,600 4,900 5,400 5,300 4,600 3,800 2,100 2,500 Car Wash Costs $ 10,200 $ 12,700 $ 11,000 $ 13, 100 $ 15,400 $ 21,700 $ 21,400 $ 20,200 $ 22,000 $ 18,700 $ 9,900 $ 11,400 2. Using least-squares regression, estimate the variable cost per rental return Fixed cost to the nearest whole dollar amount and the Variable cost per unit

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