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Electrical costs at one of Finfrock Corporationy factories are ilsted below Management belleves that electrical cost is a mixed cost that depends on machine-hours. Use

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Electrical costs at one of Finfrock Corporationy factories are ilsted below Management belleves that electrical cost is a mixed cost that depends on machine-hours. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to: (Round your intermediate calculations to 2 declmal places.) Mutiple Choice $013 per machine-hour, $40,246 per month $1113 per machine-hour, $40,510 per month Managemient belleves that electrical cost is a mixed cont that depends on machime-hours Use the hightow method to estiriate the viriakle and fined the nevercest whole dollat. Those esumates are closest to: (Pound your intermedtate calculations to 2 docimat places.) Mutiple critce Sop gar mochine hour: $40,246 per month 5113 per mactuine hour, 340,510 pet month $961 per machine hour, $5,533 per month $7.96 per machine-hit, $11,517 per month

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