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Week Rooms Inspected Inspection Costs 1 254 $1,740 2 322 2,500 3 335 2,250 4 431 2,800 5 198 1,400 6 239 1,690 7 252

Week

Rooms Inspected

Inspection Costs

1

254

$1,740

2

322

2,500

3

335

2,250

4

431

2,800

5

198

1,400

6

239

1,690

7

252

1,720

8

325

2,200

Required:

  1. Use the High-Low method and find the cost equation/function.
  2. What is the variable cost per unit?

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