Greene Corporation manufactures a drink bottle, model CL24. During 2020 , Greene produced 250,000 bottles at a total cost of $712,500. Carlson Corporation has offered to supply as many bottles as Greene wants at a cost of $2.75 per bottle. Greene anticipates needing 265,000 bottles each year for the next few years. Requirement 1. What is the average cost of manufacturing a drink bottle in 2020 ? How does it compare to Carlson's offer? The average cost of per bottle is than Carlson's offer. Requirement 2. Greene's cost analyst uses annual data from past years to estimate the following regression equation with total manufacturing costs of the drink bottle as the dependent variable and drink bottles produced as the independent variable: y=$432,000+$2.00X. During the years used to estimate the regression equation, the production of drink bottles varied from 238,000 to 275,000 . Using this equation, estimate how much it would cost Greene to manufacture 265,000 drink bottles. How much more or less costly is it to manufacture the bottles rather than to acquire them from Carlson? Estimate how much it would cost Greene to manufacture 265,000 drink bottles, then calculate the cost to purchase the bottles. Estimated cost to make the bottles Cost to purchase the bottles It will cost to purchase the bottles rather than manufacture them in-house.