Chapter 5: Cost-Volume-Profit Analysis Mixed Costs: High-Low Method E3A, Madison Company manufactures major appliances. Because of growing interest in its products, it has just had its most successful year. In preparing the budget for next year, its controller compiled the following information: LO2 Electricity Cost Month July August September October November December Six-month total Volume in Machine Hours 6,000 5,000 4,500 4,000 3,500 3,000 26,000 60,000 53,000 49,500 46,000 42,500 36,000 $287,000