Cost Estimation:

Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his maintenance costs. Together, Mr. Felinas and you determined that the single best cost driver for maintenance costs was machine hours. Below are data from the previous fiscal year for maintenance expense and machine hours:

Month	Maintenance Expense	Machine Hours
1	$3,120	2,200
2	3,310	2,300
3	3,490	2,400
4	3,620	2,430
5	3,620	2,280
6	3,680	2,440
7	3,610	2,420
8	3,420	2,390
9	3,140	2,210
10	2,880	2,080
11	2,700	1,690
12	2,940	2,070

Use the high-low method to estimate the cost function (cost = FC + VC*Q)

(show work)