Hi-Low Method Required: 1) Split the hydro cost between fixed and variable components using the Hi-Low Method. State your answer as the equation of the line. 2) Use the equation to forecast electricity cost if we make 95,000 units. Electricity Cost 3,500 3,000 2,500 Units Made 50,000 75,000 90,000 140,000 92,000 102,000 70,000 55,000 65,000 Electricity Cost 1,675 2,075 2,175 3,175 2,275 2,475 1,875 1,775 2,075 ***** 2,000 ...... 1,500 1,000 500 50,000 100,000 150,000 Units Made