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Records from previous periods show the following relationship between machine hours and maintenance costs: Maintenance Machine hours costs :32 16,000 33,700 13,800 32,750 12,000

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Records from previous periods show the following relationship between machine hours and maintenance costs: Maintenance Machine hours costs :32 16,000 33,700 13,800 32,750 12,000 31,400 19.400 42,130 Source: adapted from Chartered Institute of Management Accountants, Paper P1, Performance Evaluation. Required: using High-Low method The estimated maintenance costs for 32,000 machine hours are:

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