The administrator of Good Health Hospital would like a cost formula linking the costs involved in admitting patients to the number of patients admitted during a month. The admitting department's costs and the number of patients admitted during the immediately preceding eight months are given in the following table: Month Admitting department costs $ May June July August September October November December January February March April May June Number of patients admitted 1,800 1,900 1,700 1,600 1,500 1,300 1.100 1,500 1.850 2.100 2,500 3,000 3,250 3,600 14,700 15,200 13,700 14,000 14,300 13,100 12,800 14,600 $ Required: 1. Used the high-low method to establish the fixed and variable component of admitting costs. Present the cost formula in the linear equation form Required: 1. Used the high-low method to establish the fixed and variable component of admitting costs. Present the cost formula in the linear equation form. 2. Use the cost formula to make a cost projection for the months of January, February, March April, May and June