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Cell Refrences are needed to complete this assignment for all the yellow shaded areas. Variable cost needs the function SLOPE to be completed and Total

Cell Refrences are needed to complete this assignment for all the yellow shaded areas. Variable cost needs the function SLOPE to be completed and Total fixed cost needs the function INTERCEPT. image text in transcribed
nellon: SLOPE, INTERCEPIHLAR sing Excel to Determine a Cost Equation Vaing the High-Low Method PROBLEM Markown Corp, has collected the following data concerning is maintenance costs for the past 6 months Student Work Area Required: Provide input into cells shaded in yellow in this template. Use cell references to the Problem area in the input cells in part a. In part b, use the SLOPE and the INTERCEPT functions with cell referencing to the work area a. Select the data to use under high-low method Units Total Cost 2 July August September October Norber December Produced Total Cost 18,000 $ 36,000 32.000 45,000 36,000 55,000 22.000 35,000 40,000 74,500 38,000 62,000 High Low 15 16 b. Compute the variable and fixed cost elements using Excel's SLOPE and INTERCEPT functions 28 Variable cool per urut H20 Total fixed costs 21 RRARAR 24 25 V 9 22

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