The manager of the main laboratory facility at MetroFit center is interested in being able to predict the overhead costs each month for the lab. The manager believes that total overhead varies with the number of lab tests performed but that some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year. Use the high-low method to determine the laboratory's cost equation for total laboratory overhead. Use your results to predict total laboratory overhead if 3,000 lab tests are performed next month.

Data Table boratory facility me number of la ving data for th che data.) - X pnth for the lat e number of la determine the Number of Lab Tests Total Laboratory ptal laboratory a Month Performed Overhead Costs 3,300 the formula that $29,000 3,100 $28,500 3,900 $30,000 January February March. April May June 3,850 $31,000 4,100 $26,500 2,100 $19,100 $ 15,900 July 2,300 -down list and then Print Done Clear All Check A o