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VERY URGENT PLEASE HELP! Nathan Davidson, financial analyst at LMN Corporation, is examining the behavior of quarterly utility costs for budgeting purposes. Davidson collects the

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VERY URGENT PLEASE HELP!
Nathan Davidson, financial analyst at LMN Corporation, is examining the behavior of quarterly utility costs for budgeting purposes. Davidson collects the following data
on machine-hours worked and utility costs for the past 8 quarters:
(Click the icon to view the data.)
Read the requirements.
Requirement 1. Estimate the cost function for the quarterly data using the high-low method. (Complete all answer boxes.)
=,+
Data table
Requirements
Estimate the cost function for the quarterly data using the high-low method.
Plot and comment on the estimated cost function.
Davidson anticipates that LMN will operate machines for 105,000 hours in
quarter 9. Calculate the predicted utility costs in quarter 9 using the cost
function estimated in requirement 1.
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