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Electrical costs at one of Kantoia Corporation s lactones are listed below. Machine-Hours Electrical Cost February 3, 570 $36, 405 March 3, 580 $36, 493

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Electrical costs at one of Kantoia Corporation s lactones are listed below. Machine-Hours Electrical Cost February 3, 570 $36, 405 March 3, 580 $36, 493 April 3, 553 $36, 302 May 3, 627 $36, 833 June 3, 625 $36, 800 July 3, 565 $36, 366 August 3, 548 $36, 237 September 3, 542 $36, 213 October 3, 593 $36, 577 Management believes 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:$0 14 per machine-hour; $36, 336 per month $10 19 per machine-hour. $36, 470 per month $7 48 per machine-hour; $9.708 per month $7 29 per machine-hour. $10.392 per month

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