Question 5. (16 marks) Antoine Griezmann Inc. makes soccer balls for the UEFA Championship League. The following data is for the June to November. Direct Labor Hours June 50,000 July Manufacturing Overhead $345,000 $370,000 $373,000 $297,250 $228,200 $212,500 August 65,000 62,000 57,000 39,000 30,000 September October November Submission Instructions: 1. Use the high-low method to estimate the cost formula 2. Estimate the total overhead cost at an activity level of 42,000 machine hours, using the separate estimates you obtained for its components