Low Method PROBLEM Using Excel to Determine a Cost Equation Using the High- Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units 10 Produced Total Cost 1L July 18,000 $ 36,000 1; August 32,000 45,000 13_ September 36,000 55,000 11 October 22,000 38,000 15_ November 40,000 74,500 11 December 38,000 62,000 17_ 11 1i 21 2L 2; 23_ 24_ 25 Student Work Area this template. Use cell references to the Problem area in the input cells in part a. In Required: Provide input into cells shaded in yellow in part b, use the SLOPE and the INTERCEPT functions with cell referencing to the work area. a. Select the data to use under high-low method. Units Total Cost High Low V b. Compute the variable and xed-cost elements using Excel's SLOPE and INTERCEPT functions. Variable cost Total xed costs %% V ' per unit V