Question: 1) 2) Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Note: Round your answers to 2 decimal places. Complete

1)1)2) Using the regression output, create a linear equation (y=a+bx) for estimatingOdessa's shipping costs. Note: Round your answers to 2 decimal places. Completethe contribution margin income statement assuming that Morning Dove produces and sells2)1,700 units. Required information [The following information applies to the questions displayedbelow.] Odessa, Incorporated, manufactures one model of computer desk. The following data

Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Note: Round your answers to 2 decimal places. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,700 units. Required information [The following information applies to the questions displayed below.] Odessa, Incorporated, manufactures one model of computer desk. The following data are available regarding units shipped and total shipping costs: equired: . Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. . Perform a least-squares regression analysis on Odessa's data. . Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. Note: Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar. Required information [The following information applies to the questions displayed below.] Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all units it produces each month. The relevant range is 0 to 1,900 units, and monthly production costs for the production of 1,500 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Suppose it sells each birdbath for $24. Required: 1. Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. 2. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,700 units. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Perform a least-squares regression analysis on Odessa's data. Note: Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your answers to 2 decimal places

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