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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

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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: Intercept 238. 69 R square . 968 Number of observations 6 X coefficient 069 The regression output was based on the following data: Number of Color Copy Color Department Month Copies Costs July 17,000 $1, 445 August 21, 250 1 , 658 September 22, 950 1, 785 October 18, 700 1, 530 November 20, 400 1, 615 December 25,500 2, 040 Required: 1. What is the variable cost per color copy for TOSS? (Enter your answer in cents, rounded to 1 decimal place (i.e., $0.076 should be entered as 7.6)). Variable Cost per color copy (in cents) 2. What is the fixed cost for the Color Copy Department? (Round your answer to 2 decimal places.) Fixed Cost per Month 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. (Round your fixed costs to 2 decimal places and your variable cost per unit to 3 decimal places.) Total Cost = (per Number of Color Copies)

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