G H Question 1 (24 Marks): 2 Below are the processing costs of Duraseal Products observed over the last 10 months: Use the high low method to determine the variable cost per unit 3 ind foed cost per month. Express your results in the form of a linear equation y=bx 4 5 6 Month Units Produced Processing Cost 9.900 9,400 7.400 8.800 9.000 6,000 9,300 74,000 67.900 60,000 64,000 65,000 60,000 68,000 7 1 9 2 10 3 11 4 12 5 13 6 14 15 16 17 We assume the linear relation is Ya+bX 18 High-Low method 19 20 High point 21 Low point 22 23 Slope Round to two decimal places 4 Question 1 Question2 Workbook Statistics Type here to search Units Produced Processing Cost SheetAB B D 0,000 9,300 OU,000 68,000 We assume the linear relation is Y=a +bX High-Low method Units Produced Processing Cost High point Low point Slope Round to two decimal places Intercept: b a Assume the units level in August is 9600 The process cost will be Y Round to two decimal places 9600