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[The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced Total Costs 1 0 $ 2,500

[The following information applies to the questions displayed below.] Felix & Company reports the following information.

Period Units Produced Total Costs
1 0 $ 2,500
2 400 3,100
3 800 3,700
4 1,200 4,300
5 1,600 4,900
6 2,000 5,500
7 2,400 6,100
8 2,800 6,700
9 3,200 7,300
10 3,600 7,900

Use spreadsheet software to use ordinary least-squares regression to estimate the cost equation, including fixed and variable cost amounts.

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