The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below:

MonthBlood Tests

PerformedBlood

Test CostsJanuary5,120$67,900February5,400$70,530March4,695$61,932April4,290$56,782May4,425$59,041June3,600$48,570July4,020$53,212August5,315$69,419September5,245$69,025

Required:

1.Using the high-low method, estimate the cost formula for blood tests.(Round cost per unit answer to 2 decimal places.)

2.Using the cost formula you derived above, what blood test costs would you expect to be incurred during a month in which 4,410 blood tests are performed?(Round your intermediate calculations answer to 2 decimal places.)