Question: For question 2 its just what is the fixed, mixed and variable costs The number of blood tests performed and the related costs over the

For question 2 its just what is the fixed, mixed and variable costs

For question 2 its just what is the fixed, mixed and variable

The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Blood Tests Blood Month Performed Test Costs January 4,320 $48,388 February 4,550 $49,890 March 4,090 $45,386 April 3,415 $38,395 May 3,590 $40,848 June 2,700 $ 31,760 July 3,200 $36,058 August 4,025 $44,629 September 4,380 $48,664 Required: 1. Using the highlow method, estimate the cost formula for blood tests. (Round cost per unit answer to 2 decimal place} m 2. Using the cost formula you derived above, what blood test costs would you expect to be incurred during a month in which 3,520 blood tests are performed? {Round your intermediate calculations answer to 2 decimal places.)

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