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QUESTION 4 The number of X-rays taken and X-ray costs over the last nine months in Beverly Hospital are given below: Month X-Rays Taken X-Ray
QUESTION 4 The number of X-rays taken and X-ray costs over the last nine months in Beverly Hospital are given below: Month X-Rays Taken X-Ray Costs January ... 6,250 $28,000 February .. 7,000 $29,000 March .... 5,000 $23,000 April .......... 4,250 $20,000 May ........ 4,500 $22,000 June.......... 3,000 $17,000 July ............. 3,750 $18,000 August ... ... ... 5,500 $24,000 September ......... 5,750 $26,000 A. Using the high-low method, estimate the cost formula for X-ray costs. B. Using the cost formula you derived above, what X-ray costs would you expect to be incurred during a month in which 4,600 X-rays are taken
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