Ethan Manufacturing Incorporated 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: 10 points eBook Ask Month Maintenance costs Machine Hours 1 $ 2,650 1,740 2 2,810 1,820 3 2,960 1,900 4 3,070 1,920 5 3,150 1,950 6 3,120 1,930 7 3,060 1,910 8 2,900 1,890 9 2,670 10 1,750 2,270 11 1,150 2,280 1,350 12 2,500 1,640 Required: Print References 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 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the cost equation for maintenance costs using the high-low method? (Round "slor places. Include outliers in your calculations.) Maintenance costs 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: ino Month Maintenance costs Machine Hours 1 $ 2,650 1,740 2 2,810 1,820 3 2,960 1,900 4 3,070 1,920 5 3,150 1,950 6 3,120 1,930 7 3,060 1,910 8 2,900 1,890 9 2,670 1,750 10 2,270 1,150 11 2,280 1,350 12 2,500 1,640 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 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the mean absolute percentage error (MAPE) for the cost equation you developer answer as a percentage rounded to 1 decimal place (ie., 0.054 = 5.4%). Include any out Mean absolute percentage error (MAPE) % Rental 1