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Sage, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R 0.9566 R Square 0.9151 Observations

Sage, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output:

Regression Statistics
Multiple R 0.9566
R Square 0.9151
Observations 24

Coefficients Standard Error T Stat P-Value
Intercept 21,251 8,410 2.53 0.019
Production (X) 5.12 0.6288 8.14 0.000

a. What is Sages total fixed cost? b. What is Sages variable cost per unit? (Round your answer to 2 decimal places.) c. What total cost would Sage predict for a month in which they sold 14,000 units? (Round your intermediate calculations to 2 decimal places.)

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