May Blackwell is the new manager of the materials storeroom for Clayton Manufacturing. May has been asked to estimate future monthly purchase costs for part #696, used in two of Clayton's products. May has purchase cost and quantity data for the past 9 months as follows: (Click the icon to view the data for the past 9 months) Estimated monthly purchases for this part based on expected demand of the two products for the rest of the year are as follows: (Click the icon to view the expected demand for the rest of the year.) Read the requirements Requirement 1. The computer in May's office is down, and May has been asked to immediately provide an equation to estimate the future purchase cost for part #696. May grabs a calculator and uses the high-low method to estimate a cost equation. What equation does she get? Data table I Data table Month Cost of Purchase Quantity Purchased Purchase Quantity Month Expected October 3,340 parts January February $ 12,675 2,710 parts 13,000 2,810 November 3,710 March 17,653 4,153 December 3,040 15,825 3,756 April 13,125 2,912 May June 13,814 3,387 Print Done July 15,300 3,622 August 10,233 2,298. September 14,950 3,562