This cost data from Hickory Furniture is for the year 2017. Hickory Furniture data Month Numbers of Tables Produced Factory Utility Expenses January 550 $2,063 February 710 2,663 March 650 2,438 April 470 1,823 May 512 1,920 June 625 2,344 July 805 3,019 August 750 2,813 September 675 2,531 October 525 1,969 November 875 3,281 December 685 2,569 A) Using the high-low method, express the company’s utility costs as an equation where X represents the number of tables produced. Y=$ + x B) Predict the utility costs if 800 tables are produced.  C) Predict the utility costs if 600 tables are produced.

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Chapter1: Financial Statements And Business Decisions
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This cost data from Hickory Furniture is for the year 2017.

Hickory Furniture data

Month Numbers of Tables Produced Factory Utility Expenses
January 550 $2,063
February 710 2,663
March 650 2,438
April 470 1,823
May 512 1,920
June 625 2,344
July 805 3,019
August 750 2,813
September 675 2,531
October 525 1,969
November 875 3,281
December 685 2,569

A) Using the high-low method, express the company’s utility costs as an equation where X represents the number of tables produced.
Y=$ + x

B) Predict the utility costs if 800 tables are produced. 

C) Predict the utility costs if 600 tables are produced. 

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