Use the high-low method to determine the variable and fixed cost components of Swift Lube's operating costs. Use this information to project the monthly operating costs for a month in which the comf performs 3,100 oil changes. (Click the icon to view the data.) Use the high-low method to determine the variable and fixed costs components of Swift Lube's operating cost equation. First identify the formula and calculate the variable cost component (slope). (Round your answer to the nearest cent.) Next identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activity. (Round your answers to the nearest whole number.) Totalmixed(operating)costTotalvariablecost$=16,500Totalfixedcosts=$ Complete Swift Lube's operating cost equation. (Enter the variable cost to the nearest cent and the fixed cost to the nearest whole dollar.) y=x+ Use the high-low method to determine the variable and fixed costs components of Swift Lube's operating cost equation. First identify the formula and calculate the variable cost component (slope). (Round your ansis werito the nearest cent.) Next identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest leve Totalmixed(operating)cost$Totalvariablecost16,500==Totalfixedcosts500 Complete Swift Lube's operating cost equation. (Enter the variable cost to the nearest cent and the fixed cost to the neare y=