3 S. Estimating a cost function, high-low method. Laurie Daley is examining customer-service costs in the southern region of Capitol Products. Capitol Products has more than 200 separate electrical prod- ucts that are sold with a six-month guarantes of full repair or replacement with a ne product is returned by a customer, a service report is prepared. This service report includes details of the problem and the time and cost of resolving the problem. Weekly data for the most recent 8-week period are as follows Week Customer-Service Department Costs $13,700 20.900 3,000 8,800 14,000 21,500 16,900 21,000 Number of Service Reports 190 275 115 395 265 455 340 305 Required Use the high-low mathod to compute the cost flunction, relating customer-service costs to the number of service reports 3 S. Estimating a cost function, high-low method. Laurie Daley is examining customer-service costs in the southern region of Capitol Products. Capitol Products has more than 200 separate electrical prod- ucts that are sold with a six-month guarantes of full repair or replacement with a ne product is returned by a customer, a service report is prepared. This service report includes details of the problem and the time and cost of resolving the problem. Weekly data for the most recent 8-week period are as follows Week Customer-Service Department Costs $13,700 20.900 3,000 8,800 14,000 21,500 16,900 21,000 Number of Service Reports 190 275 115 395 265 455 340 305 Required Use the high-low mathod to compute the cost flunction, relating customer-service costs to the number of service reports