1) THE HIGH-LOW METHOD ANALYSIS 

2) USING THE LEASE-SQUARES REGRESSION METHOD.

The owner of the Queensland Restaurant would like to determine the fixed and variable components of the restaurant's utility expenses. The owner believes that the variable component of the utilities cost is driven by the number of meals served. Meals served Utilities Cost January 3,600 P1,560 February 2,000 P1,060 March 2,900 P1,350 April 3,500 P1,500 May 3,900 P1,580 June 2,100 P1,250 July 1,900 P1,100 August 1,000 P 850 September 1,250 P 990 October 1,400 P 880 November 2,600 P1,180