Batchelor, LLP, an accounting firm, has customers who pay flat monthly fees for services, others who pay by the hour, and still other customers who pay flat fees plus hourly fees. Batchelor wants to under-stand the relationship between hours worked and fees earned. He has gathered the following data for you. Use the high/ low method to determine Batchelor€™s revenue formula.

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Month Revenues Hours Worked 470 January February March April May June July August September October November December $53 350 34,500 23,450 37 840 43, 250 48,975 54,500 55,000 66,000 54,600 52,600 35,800 365 435 525 510