The Mortise Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Mortise has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. (Click the icon to view the assembled data.) Read the requirements Requirement a. What is the slope coefficient? The slope coefficient is $ 11 Requirement b. What is the constant for the estimated cost equation? The constant is X Data Table 0 Requirements X Month Cost Hours $ 40,000 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 3,100 hours? January February March April 38,500 36,280 38,000 3,600 3,000 3,300 3,500 5,850 May 69,850 Print 45,000 Done June 4,250 Print Done