Answer must be handwritten. Answer question 7

100% follow the exactly sample answer format.

Question 7. HIGH-LOW METHOD: Acme Company for 1980s Hours Cost a. 1983 630 8,480 b. 1986 625 7950 c. 1984 700 8275 d. 1980 550 7625 e. 1985 450 7400 f. 1981 775 9100 g. 1982 850 9800 h. Total ? ? Required Compute Y=a + bx using High-Low Method. Required: What is the fixed cost and variable cost rate. Prove it. i. J. Fixed Cost Variable Cost rate sample answer format -cost uniy 850 1982 H 9806 650 1985 7400 9800 - 7400 2900 =64 850-450 400 H 98.00 - 6x 850 6700 FC L 7hoo 6X 450 9700 F C