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Cartour is a car centre specializing in 15 minute oil changes. The company has two service people, which limits its capacity to 3,600 oil changes
Cartour is a car centre specializing in 15 minute oil changes. The company has two service people, which limits its capacity to 3,600 oil changes per month. The following information was collected over the past six months: Month January February March April May June Number of oil changes 3,400 2,700 3,000 2,900 3,500 3.100 Operating expenses 36,800 32,100 33,300 32,900 37,700 34 100 Required: 1. Use the high-lo method to determine the variable and fixed cost components of the company's operating costs. 2. What are the projected operating costs if the company does 3,600 oil changes
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