Chapter $5$ Problem $1,2,$ &$3.$ The problem number is on the top left of screen, each problem has multiple required parts, please please answer everything.

Problem $1($screenshot $1)$: Garfield Company manufactures a popular brand of dog repellant known as DogGone It$,$ which it sells in gallon$-$size bottles with a spray attachment. The majority of Garfield$$s business comes from orders placed by homeowners who are trying to keep neighborhood dogs out of their yards. Garfield$$s operating information for the first six months of the year follows:

Required:

$3.$ Using the high$-$low method, calculate Garfield$$s total fixed operating costs and variable operating cost per bottle.

$4.$ Perform a least$-$squares regression analysis on Garfield$$s data.

$5.$ Determine how well this regression analysis explains the data.

$6.$ Using the regression output, create a linear cost equation $($y $=$ a $+$ bx$)$ for estimating Garfield$$s operating costs.

Problem $2($screenshot $2)$: Presidio, Incorporated, produces one model of mountain bike. Partial information for the company follows:

Required:

$1.$ Complete Presidio$$s cost data table.

$2.$ Calculate Presidio$$s contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $$640.$

$3.$ Calculate net operating income $($loss$)$ at each of the sales levels assuming a sales price of $$640.$

Problem $3($screenshot $3)$: Dance Creations manufactures authentic Hawaiian hula skirts that are purchased for traditional Hawaiian celebrations, costume parties, and other functions. During its first year of business, the company incurred the following cost:

Required:

$1.$ Assuming Dance Creations uses variable costing, calculate the variable manufacturing cost per unit for last month.

$2.$ Complete a contribution margin income statement for the last month.

$3.$ Assuming Dance Creations uses full absorption costing, calculate the full manufacturing cost per unit for the last month.

$4.$ Complete a full absorption costing income statement.

$6.$ Suppose next month Dance Creations expects to produce $1,600$ hula skirts and sell $1,700.$ Without recreating the new income statements, calculate the difference in profit between variable costing and full absorption costing. Which would be higher?