Question

At Stark Medical Centre, the cost of X-rays has a fixed component and a variable component related to the number of X-rays taken. The cost and number of X-rays taken at the medical centre for the past seven months are provided below.

Month	Number of X-Rays Taken	Cost of X-Rays
June	554	$2,662
July	828	$3,893
August	289	$1,473
September	408	$2,007
October	540	$2,600
November	431	$2,110
December	1,303	$6,027

Do not enter dollar signs or commas in the input boxes.
Round all answers to 2 decimal places.

Using the high-low method, what would be the expected X-ray cost incurred for a month in which 537 X-rays are taken?

Variable Cost per Unit: $Answer

Fixed Cost: $Answer

Total Cost Incurred: $Answer

Answer 1