The manager of AbleCar Inspection reviewed the monthly operating costs for the past year. The costs ranged from $4,400 for 1,400 inspections to $4,200 for 1,000 inspections.

EM5-23 (similar to) Question Help The manager of Able Car Inspection reviewed the monthly operating costs for the past year. The costs ranged from $4,400 for 1,400 inspections to $4,200 for 1,000 inspections. Read the requirements. Requirement 1. Use the high-low method to calculate the variable cost per inspection. Select the formula and enter the amounts to calculate the variable cost per inspection. (Round to the nearest cent.) i Requirements hs - X Change in total cost Change in volume of activity = Variable cost per inspection 200 400 $ 0.50 Requirement 2. Calculate the total fixed costs. 1. Use the high-low method to calculate the variable cost per inspection. 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 mixed cost to 3. Write the equation and calculate the operating costs for 1,200 inspections. Total mixed cost Total variable cost Total fixed cost 4. Draw a graph illustrating your total cost under this plan. Show the costs at 600 3800 1,000, 1,200, and 1,400 inspections. 4400 (Use the high-low method for all calculations.) Print Done 5X