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Week Beginning 2/2 2/9 2/16 2/23 3/2 3/9 3/16 3/23 Total Cost $16,000 $10,000 $12,500...

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Accounting

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Week Beginning 2/2 2/9 2/16 2/23 3/2 3/9 3/16 3/23 Total Cost $16,000 $10,000 $12,500 $15,500 $7,000 $12,500 $8,500 $11,500 Photos Processed 8,000 4,500 7,000 10,000 3,750 6,000 3,000 5,000 1.) Use least square regression to develop a model that predicts cost - appropriately label the variables Using the model from #2, what would you expect total fixed costs to be with 5,600 books processed? Using the model from #2, what would you expect total variable costs to be with 5,600 books processed? Using the model from #2, what would you expect total costs to be with 5,600 books processed

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