• GreenLeaf Retail, a chain of eco-friendly stores, is examining its utility costs related to store hours.
• Data Overview:
  • Month 1: Total Costs: $12,000, Store Hours: 1,200
  • Month 3: Total Costs: $15,000, Store Hours: 1,500
• Required Analysis:
  • Use the High-Low Method to find the variable cost per store hour and fixed costs.
  • Formulate a cost equation.
  • Predict costs for operating 1,800 store hours.
  • Discuss the potential impact of extending store hours on overall utility costs.