A hospitals records show that the cost of carrying out health checks in the last five accounting periods have been as follows:

Period

Number of

patients seen

Total cost ($)

1

650

17,125

2

940

17,800

3

1260

18,650

4

990

17,980

5

1150

18,360

Using the high-low method and ignoring inflation, the estimated cost of carrying out health checks on 850 patients in period 6 is:

A. $17,515

C01-Fundamentals of management accounting

Updated: October 2013 5

B. $17,570

C. $17,625

D. $17,680