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Labour Overhead Month Hours (X) Costs (7) Jan 199 $415 Feb 175 $386 Mar 288 $518 Apr 302 $535 May 186 $404 Jun 266 $491
Labour Overhead Month Hours (X) Costs (7) Jan 199 $415 Feb 175 $386 Mar 288 $518 Apr 302 $535 May 186 $404 Jun 266 $491 Jul 120 $302 Aug 340 $566 What is the equation of the line using the high-low method and this data? $566 = 158 +(1.20%) O X = 158 +($1.20Y) O Y = $158 +($1.20X) O Y = $158 +(1.20 x 340)
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