Solution-Determine the running rivers monthly operating

Determine the running rivers monthly operating cost equation

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Reference no: EM131820144

Question - To play the pristine course and have access to its exclusive clubhouse, Running Rivers Golf Course requires a monthly membership. The company has begun preparation for the following year's budget and needs to determine how the club's costs behave in order to make accurate projections. The financial data for the first half of the current year is provided below.

Month	Number of Club Memberships	Total Operating Costs	Average Operating Costs per Club Member
Month	Number of Club Memberships	Total Operating Costs	Average Operating Costs per Club Member
January	100	$18,560	$185.60
February	120	$18,850	$157.08
March	150	$20,300	$135.33
April	225	$20,450	$90.89
May	240	$20,800	$86.67
June	220	$20,420	$92.82

Use the high-low method to determine the Running Rivers' monthly operating cost equation.

Reference no: EM131820144

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Determine the running rivers monthly operating cost equation

Reference no: EM131820144

Reference no: EM131820144

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