Albedo Inc. manufactures high-end replacement telescope lensesfor amateur and professional astronomers who are seeking to upgradethe performance of their telescopes. You have just become employedas a staff accountant at Albedo and Jordan Coleman, the controller,has asked you to help with maintenance cost estimation for the lensmanufacturing process. You review the manufacturing process anddecide that the best cost driver for maintenance costs is laborhours. The data below are from the previous fiscal year formaintenance expense and labor hours:

Month	Maintenance Cost			Labor Hours
1		$2,870		2,630
2		3,150		2,740
3		3,280		2,840
4		3,825		3,265
5		3,640		3,080
6		4,565		3,770
7		3,940		3,320
8		4,940		4,140
9		4,755		3,940
10		5,010		4,125
11		5,080		4,330
12		4,220		3,480

Required:

What is the cost equation for maintenance cost using thehigh-low method? (Round "constant" to nearest whole dollar.Round "slope" to 2 decimal places. Negative amounts should beindicated by a minus sign.)

Required: What is the cost equation for maintenance cost using thehigh-low method? (Round "constant" to nearest whole dollar.Round "slope" to 2 decimal places. Negative amounts should beindicated by a minus sign.) Maintenance cost = ______________ +(__________ x __________)