The following information is available for Alba Company's maintenance cost over the last four months. Month January February March April Maintenance Maintenance hours 150 120 240 210 cost $6,000 $5,100 $8,100 $6,900 a. Use the high-low method to estimate both the fixed and variable component of its maintenance cost. (10 Points). b. Estimate maintenance cost of 200 maintenance hours using the estimate you calculated in (a) above. (5 Points).

The following information is available for Alba Company's maintenance cost over the last four months. a. Use the high-low method to estimate both the fixed and variable component of its maintenance cost. (10 Points). b. Estimate maintenance cost of 200 maintenance hours using the estimate you calculated in (a) above. (5 Points)