Ethan Manufacturing Inc. produces floor mats for automobiles. The owner Joseph Ethan, has asked you to assist in estimating maintenance costs. Together you and Joseph determine that the single best cost driver for maintenance costs is machine hours These data are from the previous fiscal year for maintenance costs and machine hours: Required: 1 What is the cost equation for maintenance costs using the high-low method 2. Calculate the mean absolute percentage error ( MAPE) for the cost equation you developed in requirement Complete this question by entering your answers in the tabs below. What is the cost equation for maintenance costs using the high-low method (Round pe un cost to 2 decimal S 1050 s 300.00 Machine Hours PO 1 1 Next e B1 38 3100 - 5 175- 2900 4050 2300 2275 -1.914 1850 Ethan Manufacturing Inc. produces floor mats for automobiles. The owner Joseph Ethan, has asked you to assist in estimating maintenance costs. Together you and Joseph determine that the single best cost driver for maintenance costs is machine hours These data are from the previous fiscal year for maintenance costs and machine hours: Required: 1 What is the cost equation for maintenance costs using the high-low method 2. Calculate the mean absolute percentage error ( MAPE) for the cost equation you developed in requirement Complete this question by entering your answers in the tabs below. What is the cost equation for maintenance costs using the high-low method (Round pe un cost to 2 decimal S 1050 s 300.00 Machine Hours PO 1 1 Next e B1 38 3100 - 5 175- 2900 4050 2300 2275 -1.914 1850