13 Question 1 points EXPO2020 Company has assembled the following data pertaining to certain costs in its machining department that cannot be easily identified as her feed or variable EXPO2020 heard about a method of measuring cost functions called the high-low method and has decided to use in this situation Month Cost Machine Hours January $40,000 3,600 February 38,500 3,000 March 36.280 3,300 April 38,000 3,500 May 69,850 5,850 June 45,000 4.250 Required: a. Use the high-low method to determine the estimating cost function with machine hours as the cost driver b. State clearly the cost function for EXPO2020's machining department c. What is the estimated total cost at an operating level of 3,100 machine hours? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) B I US 52 Paragraph Arial 10pt EE A TELL