be easily identified as either fixed or variable. JAGUAR Company has heard about a method of The JAGUAR Company has assembled the following data pertaining to certain costs that cannot Show ALL calculations to receive partial credit measuring cost functions called the high-low method and has decided to use it in this situation. lo points) Month January February March April May June Cost $40,000 38,500 36,280 38.000 69,850 75,000 Hours 3.600 3,000 3,300 3.500 5,850 4,250 Required: Round to two decimal points. [10 points) Using the high-low method, calculate and write out the cost function for the Jaguar Company