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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

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

1,260

18,650

4

990

17,980

5

1,150

18,360

Required:

Using the High-Low Method of cost estimation and ignoring inflation, determine the estimated total cost of carrying out health checks on 850 patients in period 6.

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