Sage, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: 
a. What is Sage's total fixed cost?
b. What is Sage's variable cost per unit?
c. What total cost would Sage predict for a month in which they sold 10,000 units?
Definitions:
Diversity of Citizenship
A legal concept under civil procedure that allows a federal court to hear a lawsuit if the parties involved are from different U.S. states or a foreign country.
Federal Court
A court established by the national government that has jurisdiction over disputes involving federal laws, constitutional issues, or disputes between states or between a state and the federal government.
Exercise Jurisdiction
The act of applying or enforcing legal authority over a geographical area or group of people.
Appellate Court
A court that reviews the decisions of lower courts to ensure the law was applied correctly.
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