Question 2 (4 points) Mueble inc. is a custom furniture manufacturer. In the past three months, the company reported the follow costs and direct labour hours. January February March Raw wood $418,176 $390,304 $371,136 costs Direct labour 10,452 8,710 8,100 hours Assuming that the cost driver is direct labour hours, what is the cost formula for raw wood costs using the high-low method? $209,136 + ($20.00 x No. of direct labour hours) $210,564 + ($18.50 x No. of direct labour hours) $250,944 + ($16.00 x No. of direct labour hours) $235,438 + ($17.00 x No. of direct labour hours)