2 The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Blood Tests Blood Test Month Performed Costs January 5,065 $34,536 February 6,950 $44,370 7.5/10 March 4,360 $29,867 points awarded April 4,040 $27,818 May 4,170 $29,186 June 3,300 $23,930 Scored July 3,810 $26,296 August 4,630 $31,128 September 4,810 $32,866 Required: 1. Using the high-low method, estimate the cost formula for blood tests. (Round cost per unit answer to 2 decimal places.) $5,450 $ 5.60 X 2. Using the cost formula you derived above, what blood test costs would you expect to be incurred during a month in which 4,590 blood tests are performed? (Round your intermediate calculations answer to 2 decimal places.) Variable cost Fixed cost S 6 5,450 Total cost $ 5,456 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted