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

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The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Blood Tests Blood Test Month Performed Costs January 4,335 $28,382 February 4,850 $30,370 March 3,995 $25,929 April 3,390 $22,542 3,495 $23, 606 June 2.700 $19,190 July 3,255 $21,534 August 4,185 $26.850 September 4,550 $29,330 May Required: 1. Using the high-low method, estimate the cost formula for blood tests. (Round cost per unit answer to 2 decimal places.) Y$ 5,150 $ 520 X 2. Using the cost formula you derived above, what blood test costs would you expect to be incurred during a month in which 3,805 blood tests are performed? (Round your intermediate calculations answer to 2 decimal places.) Variable cost Fixed cost Total cost

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