11. Joshua uses the high low method to develop cost functions.

a. Required: Based on the followinginformation, what is theestimated variable cost per mealbased on the high low method? Please round your answer to the nearest cent.

Month	Meals Serviced	Cost
One	200	$3,200
Two	76	$2,400
Three	75	$2,450

b.Required: Using the following information, compute theestimated fixed cost per month for factory utilities. Rounded to the nearest cent) using the high-low method.

`	Labor hours	Cost
One	5,000	$20,000
Two	5,200	$19,995
Three	7,500	$25,000