Question: Required information E5-12 (Algo) Estimating Cost Behavior Using Scattergraph, High-Low Method, and Least-Squares Regression [LO 5-2, 5-3,5-4] [The following information applies to the questions displayed

 Required information E5-12 (Algo) Estimating Cost Behavior Using Scattergraph, High-Low Method,
and Least-Squares Regression [LO 5-2, 5-3,5-4] [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: Part

Required information E5-12 (Algo) Estimating Cost Behavior Using Scattergraph, High-Low Method, and Least-Squares Regression [LO 5-2, 5-3,5-4] [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: Part 2 Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. 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: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. 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. Perform a least-squares regression analysis on Odessa's data. Note: Use Microsoft Excel or a statistical package to find the coefficients using least-5quares regression. Round your answers to 2 decimal places. Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. 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 regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Note: Round your answers to 2 decimal places

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