Question
Salon Sara Lina is trying to get a grasp on their utilities costs, and how to better predict them. They have gathered the following information
Salon Sara Lina is trying to get a grasp on their utilities costs, and how to better predict them. They have gathered the following information for the prior fiscal year:
Month Utilities Salon hours January $1,750 180 February $1,800 195 March $1,700 177 April $1,975 205 May $2,350 245 June $2,750 300 July $2,750 305 August $2,640 293 September $2,550 255 October $2,150 225 November $2,000 210 December $2,300 230
Utilizing the high-low method calculate the mixed cost formula for utilities.
Please enter your answer in the following format: C = vx + f (where you are solving for 'v' and 'f'). When calculating 'v' round to 2 decimal places.
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