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Banner Food Processing prepares ready-to-eat meals. At Banner, the cost of prepared meals has a fixed component and a variable component related to the number

Banner Food Processing prepares ready-to-eat meals. At Banner, the cost of prepared meals has a fixed component and a variable component related to the number of meals prepared. The cost and number of meals prepared at the kitchen for the past seven months are provided below.

Month Number of Prepared Meals Cost of Meals
June 499 $2,169
July 590 $2,532
August 225 $1,076
September 694 $2,947
October 375 $1,674
November 704 $2,987
December 1,026 $4,272

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 cost of meals prepared for a month in which 672 meals are prepared? Variable Cost per Unit: $Answer Fixed Cost: $Answer Total Cost Incurred: $Answer

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