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Serenity Living manufactures gas fireplaces for home use. Each unit produced goes through a complex quality control process. The company has observed quality control costs

Serenity Living manufactures gas fireplaces for home use. Each unit produced goes through a complex quality control process. The company has observed quality control costs as follows over the past 16 weeks:
WeekUnits ProducedTotal Quality Control Costs138$730229$590344$810426$570532$670641$770734$665835$678931$5881033$6231136$6931243$8201340$7561428$5201530$5731656$803
For planning purposes, the companys management wants to know the amount of variable quality control costs per unit and the total fixed quality control costs per week.
Required:
1. Using the least-squares regression method, estimate the variable and fixed elements of the quality control cost. (Round variable cost to 2 decimal places.)
2. If the company produces 34 gas fireplaces next week, what are the expected total quality control costs? (Round intermediate and final value to 2 decimal places.)

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