acct222 ..................

The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Blood Tests Blood Month Performed Test Costs January 3,588 5 51,406 February 4,168 5 57,150 March 2,898 5 42,830 April 2,192 5 33,878 May 2,348 5 35,552 June 1,588 5 24,558 July 2,858 5 31,811 August 2,948 5 42,452 September 3,358 5 43,341 Required: 1. Using the highlow method, estimate the cost formula for blood tests. (Round cost per unit answer to 2 decimal places.) CC. 1 Using the cost formula you derived above, what blood test costs would you expect to be incurred during a month in which 2,310 blood tests are performed? {Round your intermediate calculations answer to 2 decimal places.) Variable cost Fixed cost Total cost