Question: D 30 pts Question 3 PROBLEM THREE - HIGH-LOW METHOD - 30 POINTS USING THE HIGH-LOW METHOD, ESTIMATE A COST FORMULA FOR UTILITIES. EXPRESS THE

 D 30 pts Question 3 PROBLEM THREE - HIGH-LOW METHOD -

D 30 pts Question 3 PROBLEM THREE - HIGH-LOW METHOD - 30 POINTS USING THE HIGH-LOW METHOD, ESTIMATE A COST FORMULA FOR UTILITIES. EXPRESS THE FORMULA IN THE FORM Y = 3 + bx. (The variable rate should be stated in terms of cost per scan.) MONTH NUMBER UTILITIES OF SCANS COST JANUARY 60 $ 2.200 FEBRUARY 70 $ 2,600 MARCH 90 $ 2.900 APRIL 120 $ 3,300 MAY 100 $3,000 JUNE 130 $ 3,600 JULY 150 $ 4,000 AUGUST 140 $3,600 SEPTEMBER 110 $ 3,100 OCTOBER BO $ 2.500 Edit View Insert Format Tools Table 12pt Paragraph BIU AL TU

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