The Surgical Care Unit of Gold Care Health Group uses the high-low method to predict its total
Question:
The Surgical Care Unit of Gold Care Health Group uses the high-low method to predict its total surgical unit supplies costs. It appears that nursing hours worked is a good predictor of surgical unit supplies costs in the unit. The supervisor for the unit has gone through the records for the past year and has found that June had the fewest nursing hours worked at 850 hours, while September had the most nursing hours worked at 1,325 hours. In June, total surgical unit supplies cost $40,000 and in September, total surgical unit supplies cost $49,975. If plans for the Surgical Care Unit call for 875 nursing hours to be worked next month, what is the expected surgical unit supplies cost for the month?
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