Score: 5.56 of 10 pts 1 of 4 (3 complete) HW E20-23 (similar to) The manager of Swift Car Inspection reviewed the monthly operating costs for the past year. The costs ranged from $4,800 for 1,200 inspections to $3,800 for 700 inspections Read the requirements Select the formula and enter the amounts to calculate the variable cost per inspection (Round to the nearest cent) Change in total cost Change in volume of activity Variable cost per inspection 1,000 500 $ 2.00 Requirement 2. Calculate the total fixed costs Select the formula and enter the amounts to calculate the total fixed costs. (Use the highest volume and its mied cost to calculate the total fixed cost) Total mixed cost Total variable cost Total fixed cost S 4.800 2,400 5 2.400 Requirement 3. Write the equation and calculate the operating costs for 800 inspections Select the formula and enter the amounts to calculate the operating costs for 300 inspections. (Enter all amounts to the nearest cont.) ) + Totalmbed cost ) tennw the instructions to create your graph ating costs for the past year. The costs ranged from $4,800 for 1,200 inspections to $3,800 for 700 inspec ble cost per inspection (Round to the nearest cent. wity Requirements - X al fixed a 1. Use the high-low method to calculate the variable cost per inspection. 2. Calculate the total fixed costs 3. Write the equation and calculate the operating costs for 800 inspections. 4. Draw a graph illustrating your total cost under this plan Show the costs at 700, 800, and 1,200 inspections (Use the high-low method for all calculations.) ating costs operating Print Done the intentione treate Maranh