QUESTION 1 In the table below are eight months of data NexEst co. collected on machine hours and overhead costs for the production of product XWOW. Use the high-low method to estimate the variable cost of overhead per machine hour and the monthly fixed overhead cost. Machine Hrs Overhead $'s 1,116 16,818 967 14,792 815 11,655 2,351 29,054 1,620 20,075 1,010 14,971 1,383 16, 713 1,749 21,138 Based on your estimates determine the expected overhead cost for a month that uses 1100. Round your final solution to the nearest $1.00. QUESTION 2 Assume NexEst Co. estimated the variable cost of overhead per machine hour as $Band the monthly fixed overhead cost as $9,000. Based on these estimates determine the expected overhead cost for a month that uses 800 machine hours. Round your final solution to the nearest $1.00