Refer to the Montrose Oil and Lube data in S6-7. Use the high-low method to determine the variable and fixed cost components of Montrose Oil and Lube's operating costs. Use this information to project the monthly operating costs for a month in which the company performs 3,400 oil changes.
Montrose Oil and Lube data in S6-7

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Number of Oil Changes 3,200 2,600 2,800 2,700 3,600 2,900 Operating Expenses Month January. $36,400 $31,900 $32,850 February March April $32,500 $37,000 $33,700 May June