er Student Credit Facilities Hours 250,000 300,000 Cost $500,000 $530,000 Spring 2007 Fall 2004 Using the high low method, with student credit hours as the activity driver, what is the equation for facilities cost (FC) as a function of student credit hours? FC $350,000 $0.60/ student credit hour FC -$585,100+ $1.67 / student credit hour FC $1.77 / student credit hour $2 / st udent credit hou