The number of blood tests performed and the related costs over the last nine months in Mississauga Hospital are given below: Month January February March April May June July August September Blood Tests Blood Test Performed Costs 6,250 $ 28,000 7,000 $ 29,000 5,000 $ 23,000 4,250 $ 20,000 4,500 $ 22,000 3,000 $ 17,000 3,100 $ 16,800 5,500 $ 24,000 5,750 $ 26,000 Required: 1. Using the high-low method, estimate the cost formula for blood tests. Activity Cost Computing the fixed cost using the high level of activity: 2 Question 2 Question 3