Return to question Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research Park, home to numerous high-tech and bio-tech companies. Making color copies is one of its most popular and profitable services. The controller performed a regression analysis of data from the Color Copy Department with the following results: 10 points 561.22689 0.966478 Intercept R square Number of observations X coefficient 0.05852 The regression output was based on the following data: Month July August September October November December Number Color Copy of Color Department Copies Costs 24,350 $1,935 17,200 1,550 24,950 2,015 23,400 1,975 21,550 1,855 18,550 1,645 Required: 1. What is the variable cost per color copy for TOSS? 2. What is the fixed cost for the Color Copy Department? 3. Based on the regression output obtained by the controller, what cost formula should be used to estimate future total costs for the Color Copy Department? Enter answer as an equation in the form of y= a + bx. 5-a. Use the high-low method to estimate the variable and fixed costs for the Color Copy Department. 5-b. What cost formula should be used based on your analysis? Enter answer as an equation in the form of y= a + bx. 6. If 21,900 copies are made during January, what is the total cost predicted by each method? X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req3 Req 5a Reg 5b Reg 6 If 21,900 copies are made during January, what is the total cost predicted by each method? (Use the answers that you provided in parts 3 and 5-b and round your final answers to 2 decimal places.) Regression High-Low Total Cost 720.36 1,832.00 $