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Please solve three questions that is in the picture! Blue is the accountant for Super Tasty Bakery. He has been asked by senior management to

Please solve three questions that is in the picture!

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Blue is the accountant for Super Tasty Bakery. He has been asked by senior management to provide an estimate of Electricity cost using high low method. Blue has identified machine hours as the most suitable cost driver. The following costs we re incurred during the previous 5 months. January 6B 000 35 200 February 22 DUO 34 DOB March 33 DUO 31 100 April 45 000 3? 350 5D DUO 35 000 Required 1. Use the high low method to estimate the company's electricity cost behavior and express it in an equation form? [5 marks) 2. Using a graph plot the cost function and label a, b, x and y? [3 marks] 3. Predict the electricity cost for the month in which 62 machine hours are used? [2 marks)

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