What are estimated total costs for july


The cafeteria at X Company has incurred the following costs and number of meals served from January through June:

Month Cost    Meals
January $28,200 7,700
February 33,300 9,500
March 38,700 10,800
April 47,900 10,000
May 38,000 10,200
June 36,500 8,500

X Company estimates that 9,900 meals will be served in July. Using the high-low method to determine the monthly cost function, what are estimated total costs for July (round variable costs per unit to three decimal places and your final answer to the nearest dollar)?

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Accounting Basics: What are estimated total costs for july
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