Quantum Company uses the high-low method to estimate the cost function. The information for 2020 is provided below: Machine hen Laboe Cont Highestobiervaton of cost diwr Lowet otrervation of cot dnver S16,000 S000 400 What is the slope coefficient? O $62.00 $50.00 $65.00 $60.00 Question 17 Quantum Company uses the high-low method to estimate the cost function. The information for 2020 is provided below: Labor Costs $20,000 S8000 Machine-hours Highest observation of cost driver 400 Lowest obrervation of cost diver 100 What is the constant for the estimated cost equation? $20,000 $8,000 $16,000 $4,000