Question
At Stark Medical Centre, the cost of X-rays has a fixed component and a variable component related to the number of X-rays taken. The cost
At Stark Medical Centre, the cost of X-rays has a fixed component and a variable component related to the number of X-rays taken. The cost and number of X-rays taken at the medical centre for the past seven months are provided below. Month Number of X-Rays Taken Cost of X-Rays June 558 $2,937 July 666 $3,462 August 238 $1,382 September 714 $3,695 October 653 $3,399 November 558 $2,937 December 1,123 $5,685 Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Using the high-low method, what would be the expected X-ray cost incurred for a month in which 671 X-rays are taken? Variable Cost per Unit: $Answer Fixed Cost: $Answer Total Cost Incurred: $Answer
At Stark Medical Centre, the cost of X-rays has a fixed component and a variable component related to the number of X-rays taken. The cost and number of X-rays taken at the medical centre for the past seven months are provided below.
Month | Number of X-Rays Taken | Cost of X-Rays |
June | 558 | $2,937 |
July | 666 | $3,462 |
August | 238 | $1,382 |
September | 714 | $3,695 |
October | 653 | $3,399 |
November | 558 | $2,937 |
December | 1,123 | $5,685 |
Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Using the high-low method, what would be the expected X-ray cost incurred for a month in which 671 X-rays are taken? Variable Cost per Unit: $Answer Fixed Cost: $Answer Total Cost Incurred: $Answer
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