Question 1 - Ch C 8 https://ezto.mheducation.com/ext/map/index.html?_con=con&lexternal_b Chapter 3 McGraw Hill Assignment i Saved Check my work mode : This shows what is correct or Incorrect for the work you The number of blood tests performed and the related costs over the last nine months In Brentline Hospital are given below: Blood Tests Blood Test 1.5 Month Ber formed Costs points January 3, 125 $14, 000 February 3, 500 $14 500 March 3, 500 $11, 500 April Z, 125 $10,000 MAY 2, 250 $11, 000 1,500 $ 8, 500 July 1, 550 $ B, 400 August 2,750 $12, 000 September 2/ 875 $13, 000 Required: 1. Using the high-low method, estimate the cost formula for blood tests. * Answer is complete but not entirely correct. Y = 5 3.825 3 + 5 30X 2. Using the cost formula you derived above, what blood test costs would you expect to be incurred during a month In which 2,30 blood tests are performed? Answer is complete but not entirely correct. Variable cost 3 7,015 2 Fixed cost 3,825 X Total cost 10,840 Prey 1 of 2 i Next > HOLIOCON qb