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Express the fixed and variable components as a linear cost

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There are given months, days of occupancy and total maintainnce cost

January - 1900 - $15200
February - 1500 - $13800
March - 1300 - $13100
April - 1100 - $12800
May - 1700 - $14300
June - 1800 - $14900.

Question 1: Using the high low method, establish the fixed and variable components of total maintenance cost?

Question 2: Express the fixed and variable components as a linear cost formula?

Reference no: EM132621571

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