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Question - Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows:
January
February
March
April
May
June
July
Number of rooms cleaned
250
160
200
150
300
170
260
Cleaning cost
$6,450
$4,060
$5,100
$4,100
$6,760
$4,200
$6,530
How much are estimated monthly variable costs using the high-low method?
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Equivalent units are calculated by
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