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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 No. of

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

Period

No. of patients seen

Total costs ($)

1

650

17,125

2

940

17,800

3

1260

18,650

4

990

17,980

5

1150

18,360

Required:

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

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