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6 of 23 This Question: 20 pts The manager of the main laboratory facility at UrbanFit Center is interested in being total overhead varies with

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6 of 23 This Question: 20 pts The manager of the main laboratory facility at UrbanFit Center is interested in being total overhead varies with the number of lab tests performed but that some costs re manager collected the following data for the first seven months of the year. (Click the icon to view the data.) Use the high-low method to determine the laboratory's cost equation for total labora are performed next month. Let's begin by determining the formula that is used to calculate the variable cost (SIC Variable cost (slop cost component. Fixed cost ost equation. (Round th Now determine the formula that I Change in cost Change in volume Highest cost Use the high-low method to dete Highest volume y = $ X + S Lowest cost Use the operating cost equation Lowest volume Total operating cost The total laboratory overhead at Total variable cost edict total laboratory ove is $ Choose from any list or enter any number in the input fields and then continue to 180 6 of 23 (11 complete) at UrbanFit Center is interested in being able to predict the overhead costs each me b tests performed but that some costs remain the same each month regardless of th - i Data Table Number of Lab Tests Month January February March April May June. July Performed 3,300 3,100 3,900 3,850 4.100 2,100 Total Laboratory Overhead Costs $29,000 $ 28,500 $30,000 $31,000 $26,500 $19,100 $ 15,900 2,300 Print Done r in the input fields and then continue to the next question. ons

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