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Question 1: High-Low Suggested time: 30 minutes You can find the processing costs of Nesters Inc. for producing energy drinks in bottles in the last

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Question 1: High-Low Suggested time: 30 minutes You can find the processing costs of Nesters Inc. for producing energy drinks in bottles in the last 6 months: Month 1 2 3 4 5 6 Units of bottles Produced 7,500 11,000 - 15,000 5,500 9,000 6,500 Processing Cost $33,000 $41,000 $48,000 $27,000 $36.000 $29,000 a. Use the high low method to determine the variable cost per bottle and fixed cost per month. Express your results in the form of a linear equation y = a + bx. (15 marks)

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