Grawburg Inc. maintains a call center to take orders, answer questions, and handle complaints. The costs of the call center for a number of recent months are listed below: Calls TakenCall Center CostApril7560?$81,960?May7529?$81,773?June7570?$82,025?July7568?$81,997?August7535?$81,816?September7549?$81,895?October7592?$82,156?November7579?$82,092?Management believes that the cost of the call center is a mixed cost that depends on the number of calls taken.Required:Estimate the variable cost per call and fixed cost per month using the least-squares regression method. (Round the "Variable cost" to 2 decimal places and the "Fixed cost" to the nearest dollar amount.)Variable cost?per callFixed cost?per month
What will be an ideal response?
Variable cost | $6.09? | per call |
Fixed cost | $35,914? | per month |
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