High-Low Method Luisa Crimin has been operating a beauty shop in a college town for the past 10 years. Recently, Luis rented space there and to She anticipated that the costs for the taning service would primarily be fixed, but found that tanning son costs increased with the foret Costs for this Service over the past months are as follows: Tanning Appointments Month Total Cost January 500 51,745 February 2,100 $2,140 3,300 52.690 March April 2.400 52.300 May 1,500 $1.000 June 2,200 $2,265 2,120 52.300 July August 2.900 12,660 Required: 1. Which month represents the high the low point? High point March Low point January in your calculations, founder costs to the nearest cont 2. Using the high-low method, compute the variable rate for ting compute the fixed cost per month Round the water tangoment to the rest cent and use it in your further calculations. Nound the feed cost per month to the nearest dolor and in Ne> Check My Workmore Check My Working Save and Sumsiment for Grading MacBook Air . DD Dil FB go FT : :: 888 80 ra > + % & 7 o 02 > 9 8 $ 4 # 3 { } ] P O - U Y T E R - J H J K L D G 2 the nearest cent 2. Using the high-low method, compute the variable rate for tanning Compute the fixed cost per month Round the variable rate per tanning appointment to the nearest cent and use it in your further calculations, Round the foxed cost per month to the nearest collar and use it in your further calculations Variable rate for tanning 210 x per tanning appointment Fixed cost per month 1,535