Multi Part Question. Please explain your answer

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The data below have been taken from the cost records of the Halifax General Hospital. The data relate to the costs of admitting patients at various levels of patient activity: Month May June July August September October November December Number of Patients Admitted 3,600 3,800 2,900 3,200 3,300 2,600 2,200 3,500 Admitting Department Costs $ 29,400 $ 30,400 $ 27,400 $ 28,000 $ 28,600 $ 26, 200 $ 25,600 $ 29,200 Required: 1. Using the high-low method, estimate the fixed cost of admitting patients per month and the variable cost of admissions per patient. Fixed cost element per month Variable cost element per patient The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Month January February March April May June July August September Blood Tests Performed 3,125 3,500 2,500 2,125 2,250 1,500 1,550 2,750 2,875 Blood Test Costs $ 14,000 $ 14,500 $ 11,500 $ 10,000 $ 11,000 $ 8,500 $ 8,400 $ 12,000 $ 13,000 Required: 1. Select the correct scattergram using the above data. 16,000 14,000 12,000 10,000 8,000 Cost of Blood tests 6,000 4,000 2,000 0 0 1,000 2,000 3,000 4,000 Number of Blood Tests Performed Number of Blood Tests Performed O 16,000 14,000 12,000 10,000 8,000 Cost of Blood tests 6,000 4,000 2,000 0 0 1,000 2,000 3,000 4,000 Number of Blood Tests Performed O 16,000 14,000 12,000 10,000 8,000 Cost of Blood tests 6,000 4,000 2,000 0 0 1,000 2,000 3,000 4,000 Number of Blood Tests Performed 16,000 14,000 12,000 10,000 8,000 Cost of Blood tests 6,000 4,000 2,000 0 0 1,000 2,000 3,000 4,000 Number of Blood Tests Performed