D E G H 5 Student Work Area Required: Provide input into cells shaded in yellow in this template. Use cell references to the Problem area in the input cells in part a. In part b. use the SLOPE and the INTERCEPT functions with cell referencing to the work area. 9 10 1 Function: SLOPE, INTERCEPT: Cell Referencing 2 3 Using Excel to Determine a Cost Equation Using the High- 4 Low Method PROBLEM 6 Markowis Corp. has collected the following data concerning its 7 maintenance costs for the past 6 months. Units Produced Total Cost 11 July 18,000 $ 36,000 12 August 32,000 45,000 13 September 36,000 55,000 14 October 22,000 38,000 15 November 40,000 74,500 16 December 38,000 62,000 17 18 19 20 21 22 a Select the data to use under high-low method. Units Total Cost High Low b. Compute the variable- and foed-cost elements using Excel's SLOPE and INTERCEPT functions. Variable cost per unit Total fixed costs