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. 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 $ i X Data Table Month $ January February March April May June Cost 37,100 35,600 33,380 35,100 62,550 42,100 Hours 3,300 2,700 3,000 3,200 5,150 3,950 Print Done i Requirements - 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 2,800 hours? Print Done