Cost Estimation & CVP Analysis 1. The owner of Bed and Bath Boutique regularly uses part-time held in addition to full- time employees. Some part-time help is needed every day for miscellaneous chores and the owner arranges for additional hours based on estimates of sales for the following week. The following is a record of the wages paid to part-time employees at recent monthly sales volumes Wages Paid to Sales $ 8,265 Part-Time Help 1,980 6,340 17,600 18,000 13,800 15,000 4,500 11,000 $ 629 558 710 1,360 1,350 1,130 1,466 675 1,014 The owner considers these months to be relatively normal; however, in the month with sales of $1,980, the Boutique was closed for over two weeks for repainting and the installation of new carpeting. Required Using the high-low method, develop an equation for wages paid to part-time help. (T decimals are involved in the computations, round to nearest hundredth.)