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The Perfect Peach Company incurred the following monthly utility costs last year: Pounds of Month January February March April May June July August September October
The Perfect Peach Company incurred the following monthly utility costs last year: Pounds of Month January February March April May June July August September October November December Peaches Cann 14,000 9,000 8,000 10,000 13,000 11,000 7,000 6,000 5,000 3,000 8,000 10,000 Cost S 7,200 4,500 4,300 5,000 6,500 5,500 3,500 3,200 3,400 2,250 4,200 4,900 REQUIRED 1. Use the high-low method to estimate the company's utities cost behavior and state the cost formula. 2. Predict the utlities cost for a month in which 15,000 pounds of peaches were canned
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