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?