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The following table indicates the total utility costs and number of guests at a small motel in the months of April through September. Using the
The following table indicates the total utility costs and number of guests at a small motel in the months of April through September. Using the high-low method, determine the monthly fixed cost (to the nearest dollar). Month Guests Cost April 560 $5,327 May 685 $5,379 June 700 $5,364 July 870 $6,285 August 750 $6,336 September 690 $5,253 O a. $3,597 O b. $958 O c. $2,689 O d. $5,327
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