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Thank u! ( I have tried to put a formula both hours and cost but still not turning to green) High-Low Method. Castanza Company produces

Thank u!
( I have tried to put a formula both hours and cost but still not turning to green) image text in transcribed
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High-Low Method. Castanza Company produces computer printers. Management wants to estimate the cost of production equipment used to produce printers. The company reported the following monthly cost data related to production equipment: Required: 1. Use the high-low method to estimate total fixed costs per month and the variable cost per machine hour. State your results in the cost equation form Y=f+vX by filling in the dollar amounts for f and v. [Hint: Watch the video lecture on "mixed cost calculations" before you attempt this problem.] 2. What would Castanza Company's estimated costs be if it used 50,000 machine hours next month? 3. What would Castanza Company's estimated costs be if it used 15,000 machine hours next month? Why should you feel uncomfortable estimating costs for 15,000 machine hours

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