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Labour Hours (X) Overhead Costs (Y) Month Jan 200 $414 Feb 174 $384 Mar 289 $518 Apr 301 $536 May 184 $402 Jun 266 $488
Labour Hours (X) Overhead Costs (Y) Month Jan 200 $414 Feb 174 $384 Mar 289 $518 Apr 301 $536 May 184 $402 Jun 266 $488 Jul 160 $350 Aug 360 $600 What is the equation of the line using the high-low method with this data? O X = 150 + ($1.25Y) O Y = $150 + ($1.25X) O Y = $150 + (1.25 x 360) O $600 = 150 + (1.25X)
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