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blossom Copy & Printing wants to predict copy machine repair expense at different levels of copying activity (number of copies made). The following data have

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blossom Copy & Printing wants to predict copy machine repair expense at different levels of copying activity (number of copies made). The following data have been gathered py Machine Repair Month May June July August $9,270 12,750 23,430 16,450 10,690 Copies Made 304,000 528,000 1,012,000 713,000 400,000 Determine the fxed and variable components of repair expense using the high-low method. Use copies made as the measure of activity. (Round variable component per copy to 2 decimal places, e.g. o.1s.) Variable Camponent Fixed Components per copy per month

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