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Help Sove & The number of blood tests performed and the related costs over the last nine months in Brentiine Hospital are given below. Month

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Help Sove & The number of blood tests performed and the related costs over the last nine months in Brentiine Hospital are given below. Month January February March April May June July August September Blood Tests Performed 4,360 5,500 3,450 3,140 3,282 2,480 2,918 3,789 4,08 Blood Test Costs $ 35,310 $ 41,95 $ 28,626 $ 26,262 $ 27,961 $ 21,800 $ 24,723 $ 38, 116 $ 33,250 Required: 1. Using the high-low method, estimate the cost formula for blood tests. (Round cost per unit answer to 2 decimal places.) 2. Using the cost formula you derived above, what blood test costs would you expect to be incurred during a month in which 3,290 blood tests are performed? (Round your intermediate calculations answer to 2 decimal places.) Variable cost Fixed cost Total cost

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