SHOW ALL WORK AND BOX OR CIRCLE YOUR FINAL ANSWERS! Easy Electronics produces an easy-to-use high-end compact disc player that sells for S1,550. Total operating expenses for the past 12 months are as follows: Cost $286,400 289,980 304,800 323.120 297,200 280,880 321,400 276,860 274.280 279,340 288,440 287,520 Units produced 535 August September October November December January February March April May June July 570 600 525 540 630 525 510 480 545 540 Required: 1. Using the high-low method, create a total cost formula for the production of the compact 2. Using the cost formula created from requirement 1, what would next month's predicted 3. Using Excel, run a regression analysis on the data above. Print your results and turn it in 4. Create a cost formula using the results from your regression analysis (round out to 4 5. What is R squared based on your results? Do you think that units produced is a good disc player. cost be if 569 units are produced? with the rest of your work. decimals places when creating your formula). Using this new cost formula, what would next month's predicted cost be if 569 units are produced? indicator of total cost