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The lab rianager collected the following data for the first seven months of the year. click the icon to viow the data.) Use the highilow method to determine the laboratory's cost equation for lotal laboratory overhead. Use your resuits to predict total iaboratory oveithend i 3 , too lab tests are porformed next month. Let's begin by determining the formula that is used to calculate the variable cost (slope). Change in cost. Now determine the formuta that is used to calculate the fixud cost component. Totat opeirating cost. Total vanciabie cost Use the hightiow method to determine Urbanfit's operating cost equation. (Round the variable cost to the nearost cant.) y = Data tble se your renulte to predict if .

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