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The management of Bandle Corporation would like for you to analyze their repair costs, which are listed below: Machine-Hours Repair Costs March 2,231 $ 33,785

The management of Bandle Corporation would like for you to analyze their repair costs, which are listed below:

Machine-Hours Repair Costs
March 2,231 $ 33,785
April 2,310 $ 33,803
May 2,217 $ 33,770
June 2,330 $ 33,837
July 2,202 $ 33,713
August 2,346 $ 33,867
September 2,228 $ 33,754
October 2,341 $ 33,840

Management believes that repair cost is a mixed cost that depends on the number of machine-hours. Using the least-squares regression method, the estimates of the variable and fixed components of repair cost would be closest to:

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