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The Rexburg Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Mortise has heard

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The Rexburg 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 1 Data Table Requirement a. What is the slope coefficient? The slope coefficient is $ Month S Cost 37.100 35,600 Hours 3,100 2,500 January February March April 33,380 35,100 2,800 3,000 May 68,100 42,100 5,000 3,750 June Print Done

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