Question: Using the High Low Method, Estimate the Future Maintenance Cost Using the following past data. MONTH HOURS COST JAN 3500 $22943 FEB 3325 $22510 MAR

Using the High Low Method, Estimate the Future Maintenance Cost Using the following past data.

MONTH HOURS COST

JAN 3500 $22943

FEB 3325 $22510

MAR 3392 $22411

APR 3585 $23030

MAY 3493 $22050

JUN 3519 $23476

The company estimates 3500 maintenance hours for July. What is the total estimated cost for July?

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