Question: Use the high - low method to determine the variable and fixed costs components of Montrose Oil and Lube's operating cost equation. First identify the

Use the high-low method to determine the variable and fixed costs components of Montrose Oil and Lube's operating cost equation.
First identify the formula and calculate the variable cost component (slope).(Round your answer to the nearest cent.)
Change in costs
Change in volume = Variable cost per unit
,
Data table
 Use the high-low method to determine the variable and fixed costs

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