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Stamp Pty. Ltd. is trying to determine the cost behaviour of its monthly mail-stamping costs. The following data are available for the first half of

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Stamp Pty. Ltd. is trying to determine the cost behaviour of its monthly mail-stamping costs. The following data are available for the first half of the year: Month Total cost Mails stamped January $440 2,250 February $400 2,050 March $500 2,850 April $490 2,750 May $470 2,450 June $415 2,680 Required Determine the cost function of the mail-stamping cost using the high low method

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