If possible please do it in excel. Thank you

Cycle Accessories manufacturers cellphone holders that can be mounted on the handle bars of most motorcycles. The manufacturing process is highly automated and management feels that machine-hours are likely the main driver of overhead costs. Data from the most recent year are shown below. Month January February March April May June July August September October November December Machine- Hours 3,200 3,260 3,500 4,220 4,400 5,000 5,600 6,200 5,900 4,400 3,560 5,600 Overhead Costs $ 60,300 64,620 71,500 78,420 80, 210 79,480 89,770 89,340 86,060 78,200 73,090 86,510 Required: 1. Using least-squares regression, estimate the fixed cost and variable cost elements of monthly overhead costs. Estimate the fixed cost element to the nearest dollar and the variable cost element to the nearest cent. Fixed cost Variable cost per machine hour 2. If the company expects to use 4,700 machine-hours next month, estimate total overhead costs. Total overhead costs