Current Attempt in Progress The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Number of Total Copy Month Copies Cost January 46,000 $4,600 February 42,000 $4,400 March 58.000 $5,300 April 64,000 $6,300 May 57,000 $5,000 June 62,000 $5,800 July 68,000 $6,500 August 71,000 $7,300 Assuming the line intersects the y-axis at $500 and using the July activity levels what is the equation of the line that would be drawn for a scattergraph. (Round variable cost to 3 decimal places, e.g. 15.251 and fixed cost to 0 decimal places, e.g 1,234.) y - $ 0.088 /copy + $ 500 eTextbook and Media Attempts: 4 of 12 used (b) Identify the high and low points. The highest level of activity is The lowest number of activity is and the highest total copy cost is $ and the lowest total copy cost is $ Using the high-low method, what is the variable cost per copy? (Round answer to 2 decimal places, e.g. 15.25.) Variable cost $ per copy