Question: Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past
Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows:
_____________________January_ February_ March_ April___ May___ June__ July
Number of rooms cleaned 250 ____160_______ 200_ 150_____285____170____ _260
Cleaning cost _________$6,450__ $4,060_____$5,100__$4,100__$7,000_ $4,200_ $6,530
How much are estimated monthly variable costs using the high-low method?
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