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Question: Blue Mountain shows the following costs for customer representatives. No. of Month Reps. Jan 265 Feb 388 Mar 283 Apr 265 May 386 Jun

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Question: Blue Mountain shows the following costs for customer representatives. No. of Month Reps. Jan 265 Feb 388 Mar 283 Apr 265 May 386 Jun 343 Jul 258 Aug 251 Sep 335 Oct 385 Nov 321 Dec 375 Required: Total Costs $31,127 $37,403 $31,212 $30,411 $35,892 $32,764 $31,600 $30,416 $36,644 $43,110 $31,557 $44,836 Using the high-low method answer the below noted questions. The variable rate is $ per representative. Round your answer to the nearest penny. Using the rounded variable rate you entered above, the fixed cost per month is $. Round your answer to the closest DOLLAR. A The CEO would like to understand the high-low method. From the list provided below, select the characteristic of the high-low method. Enter the LETTER into the space provided. For example, if you choose c), enter on the letter c or C Listing of choices: a) The method uses all data points. b) This method is subjective. c) This method excludes outliers automatically. d) This method is not objective. e) This method uses two data points only. A

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