T110-2 (similar to) The Madison Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fix decided to use it in this situation. E: (Click the icon to view the assembled data.) 0 Requirements Read the requirements. Requirement a. What is the slope coefficient? The slope coefficient is $ a. What is the slope coefficient? b. What is the constant for the estimated cost equation? c. What is the estimated cost function for the above data? d. What is the estimated total cost at an operating level of 2,600 hours 3 of 5 (5 complete) HW Score: 77.3%, 3.87 of 5 pts 3 Question Help ep easily identified as either fixed or variable. Mortise has heard about a method of measuring cost functions called the high-low method and has Data Table Question Viewer Month Cost Hours $ equation? bove data? ting level of 2,600 hours? January February March 41,000 39,500 37,280 39,000 72,000 46,000 3,100 2,500 2,800 3,000 5,000 3.750 April May June