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Your boss has gathered the following information regarding customer service costs for last year: Month Number of Customers Customer Service Costs January 341 $524,903 February

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Your boss has gathered the following information regarding customer service costs for last year: Month Number of Customers Customer Service Costs January 341 $524,903 February 402 542,010 March 318 580,000 April 496 69 8,340 May 385 528,250 June 442 654,6 60 July 351 541,970 August 480 678,900 September 330 468,540 October 498 650,000 November 428 626,? 80 December 400 540,500 Your boss would like you to estimate customer service costs using the number of customers as the basis for estimation. Required: 1. Set up a cost equation for monthly customer service costs using the highlow method. 2. Using the equation from part (1), compute the estimated customer service costs if the number of customers is expected to be 700

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