#2. Sunland, Inc., has collected the following information on its cost of electricity:

Machine hours Total electricity cost

Jan 500 $200

Feb 540 $290

Mar 360 $200

Apr 460 $210

May 650 $260

Jun 730 $330

Jul 310 $160

Aug 500 $270

Sep 220 $121

Oct 740 $340

Nov 840 $400

Dec 600 $310

B. Compute the total fixed cost of electricity.(Round answer to 2 decimal places, e.g. 52.75.)

C. Represent the electricity cost function in equation form.(Round answers to 2 decimal places, e.g. 52.75.)

Total cost = $________ MH + $________

D. What is the expected electricity cost when740machine hours are used?(Round answer to 2 decimal places, e.g. 52.75.)