Using Regression to Calculate the Variable Rate, Calculate Fixed Cost, Construct a Cost Formula, and Determine Budgeted Cost Hungry Hannah's is a small start-up company that delivers food and beverages to customers in business and residential locations via a fleet of autonomous motorized devices, including drones. Data for the past 8 months were collected as follows: Month Delivery Cost May June July August September October Number of Deliveries $53,450 5,400 57,120 6,090 56,990 6,875 58,020 5,800 63,400 7,340 62,850 8,100 November 65,450 8,525 December 63,300 7,990 Coefficients shown by a regression program for Hungry Hannah's's data are: 36,588 Intercept X Variable 3.35 In your calculations, round the variable rate per delivery to the nearest cent. Required: Use the results of regression to make the following calculations: 1. Calculate the total fixed delivery cost. Calculate the variable rate per delivery. per delivery 2. Construct the cost formula for total delivery cost. Total Delivery Cost = $ +($ x Number of Deliveries) 3. Calculate the budgeted cost for next month, assuming that 9,000 deliveries are budgeted. Check My Work 2 more Check My Work uses remaining. Previous

Using Regression to Calculate the Variable Rate, Calculate Foxed Cost, Construct a Cost Formula, and Determine Budgeted Cost Hungry Hannah's is a small start-up company that delivers food and beverages to customers in business and residential locations via a fieet of autonomous motoried devices, induding drones. Data for the past 8 months were collected as follows: Coeffielents shown by a regression program for Hungry Hannah's's data are