amazon Music Un... 3 Question 13 of 28 > .../6 View Policies Current Attempt in Progress The controller of Sunland Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. January February March April May June July August September October November December Total Electricity Costs $2.490 3,000 3,530 4,740 3,160 4,900 4,130 3,890 5,170 4,220 3,290 6,410 Total Machine Hours 250 320 460 695 450 790 625 590 680 610 320 810 (a) December Jy 6,410 320 810 (a) Your answer has been saved. See score details after the due date. Determine the fixed and variable-cost components using the high-low method. Fixed-costs $ 740 Variable-costs $ 7 Attempts: 1 of 1 used (b) What electricity cost does the cost equation estimate for a level of activity of 460 machine hours? Electricity costs $ By what amount does this differ from March's observed cost for 460 machine hours? Amount differ $ Save for Later Attempts:O of I used Submit An Variable costs $ Attempts: 1 of 1 used (b) What electricity cost does the cost equation estimate for a level of activity of 460 machine hours? Electricity costs By what amount does this differ from March's observed cost for 460 machine hours? Amount differ $ Save for Later Attempts: 0 of 1 used Submit Answer (C) The parts of this question must be completed in order. This part will be available when you complete the part above