Use the high/low method to calculate the cost equation relating to Manufacturing Overhead and number of batches for the data below by writing Excel formulas to calculate the slope (variable cost) and intercept (fixed cost) in the spaces provided on the worksheet. Round answers to the nearest dollar.

Additionally, using the answers from #1, project total Manufacturing Overhead costs in a month in which 300 batches are processed and enter your answer in the space provided.

Month Number of Batches Manufacturing Overhead 5 Jul October November December 6 2 SLOPE INTERCEPT COST EQUATION COST FOR 300 BATCHES