Quantum Company uses the high-low method to estimate the cost function. The information for 2020 is provided below: Higitsaratalartner Lowolevation of wet driver Machine her BOO 400 La Cat $16.000 5.000 What is the slope coefficient? $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: Machine hours Highest observation of cost driver 400 Lowest obrervation of cost driver 100 Labor Costs $20,000 $8.000 What is the constant for the estimated cost equation? $20,000 $8,000 $16,000 $4.000