The Butler Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Butler Company uses the high-low method and has decided to use it in this situation. Month Cost Hours January $40,000 $3,500 February $24,400 $2,000 March $31,280 $2,450 April $36,400 $3,000 May $44,160 $3,900 June $42,400 $3,740 What is the estimated total cost at an operating level of 2,850 hours?

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?