Chapter 6 - Part 4 (High-Low) Question 1, S6-8 (similar to) Part 1 of 6 > HW Score: 0%, 0 of 100 points O Points: 0 of 25 Save Use the high-low method to determine the variable and fixed cost components of Quick Lube's operating costs. Use this information to project the monthly operating costs for a month in which the company performs 3,900 oil changes. (Click the icon to view the data.) Use the high-low method to determine the variable and fixed costs components of Quick Lube's operating cost equation. First identify the formula and calculate the variable cost component (slope). (Round your answer to the nearest cent.) Variable cost per unit Data table X Month Number of Oil Changes Operating Expenses January.... 3,700 $ 36,800 February.... 3,100 $ 32,800 March 3,300 $ 33,800 April 3,200 $ 33,300 May 4,100 $ 37,800 June 3,400 $ 34,300 Homework: Chapter 6 - Part 4 (High-Low) Question 2, S6-9 (similar to) Part 1 of 6 HW Score: 0%, 0 of 100 points O Points: 0 of 25 Save Delicious Catering uses the high-low method to predict its total overhead costs. Past records show that total overhead cost was $25,500 when 850 hours were worked and $27,900 when 950 hours were worked. If Delicious Catering has 875 hours scheduled for next month, what is the expected total overhead cost for next month? Use the high-low method to determine the variable and fixed costs components of Delicious Catering's operating cost equation First identify the formula and calculate the variable cost component (slope). (Enter the variable cost per unit to the nearest cent.) Variable cost per unit The Surgical Care Unit of Hampton Care Health Group uses the high-low method to predict its total surgical unit supplies costs. It appears that nursing hours worked is a good predictor of surgical unit supplies costs in the unit. The supervisor for the unit has gone through the records for the past year and has found that June had the fewest nursing hours worked at 1,500 hours, while September had the most nursing hours worked at 2,010 hours. In June, total surgical unit supplies cost $35,000 and in September, total surgical unit supplies cost $44,180. If plans for the Surgical Care Unit call for 1,575 nursing hours to be worked next month, what is the expected surgical unit supplies cost for the month? Use the high-low method to determine the variable and fixed costs components of the Surgical Care Unit of Hampton Care Health Group's operating cost equation. First identify the formula and calculate the variable cost component (slope). Variable cost per unit