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Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research...

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Accounting

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Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research Park, home to numerous high-tech and bio-tech companies. Making color copies is one of its most popular and profitable services. The controller performed a regression analysis of data from the Color Copy Department with the following results Intercept R square Number of observations x coefficient 449.26 0.8225416 6 0.05771 The regression output was based on the following data: Color Copy Department Number of Month Color Copies Costs August September October November December 17,000 21,250 22,950 18,700 20,400 25,500 $1,445 1,658 1,785 1,530 1,615 2,040 Required 1. What is the variable cost per color copy for TOSS? (Enter your answer in cents, rounded to 1 decimal place (i.e., $0.076 should be entered as 7.6)) Answer is complete but not entirely correct riable Cost 0.1 x per co per color copy (in cents)

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