A company has been monitoring its costs over the past year and has found there is a close relationship to its cost of procuction and the number of machine hours worked. The costs have been reasonably consistent and even and therefore they have decided to use the high low method for estimating cost behaviour. The costs from the lowest and highest activity months are shown below. REQUIRED: Use the information given to calculate the cost behaviour (in relation to fixed and variable costs) in this firm and predict the cost for the activity level shown