The White Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. White Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. Month January February March April May June Cost $40,000 $34,500 $40,300 $51,600 $60,300 $69,300 Hours 3,630 3,000 2.000 5,030 7,000 4.250 What is variable cost (slope ) for this data? What is intercept (fixed costs) for this data? What is the cost function? Cost Function