antenance costs TAS 000 1 Ken Howard, financial analyst at XYZ Corporation is examining the behavior of quarterly maintenance costs for budgeting purposes. Howard collects the following data on machine hours worked and maintenance costs for the past 12 quarters (Cick the icon to view the data) Requirements Data table 1. Estimate the cost function for wareny data using the high-tow mothod, 2. Plot and comment on the estimated cost function Howard anticipates that XYZ wil operatie machines for 10,000 hours in quarter 13 Calodate the predicted maintenance costs in quarter 13 using the cost function estimated in requirement1 Quarter Machine Hours 30.000 2 100.000 Requirunt 1. Estimate the cost function for the quarterly data using the high-low method (Complete all answer boxes 90.000 110.000 (After you continun, the screen may you below the beginning of the next stop if so scroll back up to the top of the step 5 75.000 Requirement 2. Plot and comment on the estimated cool tundion 95.000 85.000 Piatth. Ins for the estimated cost function using the high low method. The data points for the 12 quarters have already been entered in for you. (Use the line tool button displayed below to draw the graph) B 105.000 Q 9 85.000 TO 105.000 11 95.000 12 125.000 220.000 200 000 240.000 170,000 215.000 195.000 235.000 190.000 225.000 T80.000 260.00 Print Done nom Click to enlarge gruph Comment on the estimated function by choosing the correctement to go aheach of the lion clan listed below Economically The cool to show a negative economically prohibetween machine-hours and maintenance costs. There is not a clear-cut engineering relationship of higher machine-hours and maintenance costs The cost function shows a postconomically plane wionship won machine hours and maintenance costs. There a clear-cut engineering relationship of higher machine hours and maintenance costs Next