4. The cost data for processing invoices for BC Billing Solutions for the year 2020 is as follows:\ Month Invoices Processed Overtime Wages January 12,000 $7,760 February 8,000 6,800 March 1,000 6,000 April 7,000 6,100 May 5,000 6,200 June 10,000 7,300 July 11,000 7,400 August 9,000 6,900 September 5,000 6,500 October 9,000 6,600 November 8,000 6,800 December 11,000 7,450 PLEASE NOTE #1: Costs per unit dollar amounts will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $12,345.67). PLEASE NOTE #2: Total costs dollar amounts will be whole dollars and shown with "$" and commas as needed (i.e. $12,345). Using the high-low method, express BC Billing Solutions’ overtime wages as an equation where x represents the gallons of paint produced. Y = ? + ? x Predict the overtime wages if 9,000 invoices are processed = ? Predict the overtime wages if 6,500 invoices are processed = ?
4. The cost data for processing invoices for BC Billing Solutions for the year 2020 is as follows:\
Month Invoices Processed Overtime Wages
January 12,000 $7,760
February 8,000 6,800
March 1,000 6,000
April 7,000 6,100
May 5,000 6,200
June 10,000 7,300
July 11,000 7,400
August 9,000 6,900
September 5,000 6,500
October 9,000 6,600
November 8,000 6,800
December 11,000 7,450
PLEASE NOTE #1: Costs per unit dollar amounts will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $12,345.67).
PLEASE NOTE #2: Total costs dollar amounts will be whole dollars and shown with "$" and commas as needed (i.e. $12,345).
- Using the high-low method, express BC Billing Solutions’ overtime wages as an equation where x represents the gallons of paint produced.
Y = ? + ? x
- Predict the overtime wages if 9,000 invoices are processed = ?
- Predict the overtime wages if 6,500 invoices are processed = ?
Step by step
Solved in 3 steps with 3 images