equipment loaded
Handling
Month
or unloaded) Department Costs
January
1,800
$ 17,070
February
1,600
16,710
March
1,500
16,230
April
3,000
20,000
May
2,200
17,840
June
2,400
18,800
July
2,800
20,070
August
2,600
18,260
September
1,400
15,200
October
1,700
16,790
November
2,000
17,380
December
2,200
18,140
Required:
5. Estimate the material-handling department's cost behavior using the high-low method. Use an equation to express the results of this
estimation method.
Note: Round coefficient of X to 2 decimal places.
Answer is complete but not entirely correct.
Material-handlina cost per month = $ 12.069 \times + $ 2.69 \times