Question: Question 2 (10 marks) The following data has been collected for the assembly department at Simpkins Manufacturing: Observations Assembly Hours Operating Costs January 3.000 $15,000

Question 2 (10 marks) The following data has been collected for the assembly department at Simpkins Manufacturing: Observations Assembly Hours Operating Costs January 3.000 $15,000 February 2,500 $14,300 March 1.800 $10,750 April 2,200 $14.550 May 2.250 $14,775 Required: a. Use the high-low method to determine the estimating cost function with machine-hours as the cost driver. If June's estimated machine-hours total 4,200, what are the total estimated costs of the department? b

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