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Student Work Area Required: Provide input into cells shaded in yolow in this template. Use coll referencing to the Problem area and the work area

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Student Work Area Required: Provide input into cells shaded in yolow in this template. Use coll referencing to the Problem area and the work area along with the SLOPE and the INTERCEPT functions to determine the cost components, 1 Function: SLOPE, INTERCEPTCell Referencing 2 BE2.8. Using Excel to Determine Variable and Fixed Cost 4 Elements Using the High-Low Method 5 PROBLEM 6 Westerville Corp. has collected the following data concerning its 7 maintenance costs for the past six month 0 9 Units 10 Produced Total Cost 11 July 18,000 $ 32,000 12 August 32,000 48,000 13 Soptember 38,000 55,000 14 October 22,000 38,000 15 November 40,000 65,000 16 December 38,000 62.000 17 18 19 20 21 22 Calculate the variable and faxed cost elements using the high-low method with the SLOPE and INTERCEPT functions. Units Total Cost High Low Variable cost per unit Total fixed costs

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