Skip to main content HW#2 - Ch. 3 & App. 3A Answer Saved Help opens in a new window Item 4 10 points Item 4 Serenity Living manufactures gas fireplaces for home use. Each unit produced goes through a complex quality control process. The company has observed quality control costs as follows over the past 16 weeks: Week Units Produced Total Quality Control Costs 1 44 $ 790 2 35 $ 630 3 50 $ 870 4 32 $ 610 5 38 $ 710 6 47 $ 830 7 40 $ 719 8 41 $ 733 9 37 $ 636 10 39 $ 672 11 42 $ 748 12 49 $ 887 13 46 $ 818 14 34 $ 563 15 36 $ 622 16 68 $ 870 For planning purposes, the company's management wants to know the amount of variable quality control costs per unit and the total fixed quality control costs per week. Required: Using the least-squares regression method, estimate the variable and fixed elements of the quality control cost. Note: Round variable cost to 2 decimal places. If the company produces 40 gas fireplaces next week, what are the expected total quality control costs? Note: Round intermediate