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Electrical costs at one of Kantola Corporation's factories are listed below Machine-Hours Electrical Cost $36,405 $36,493 $36,302 $36,833 $36,800 36,366 $36,237 $36,213 $36,577 3,570 3,580
Electrical costs at one of Kantola Corporation's factories are listed below Machine-Hours Electrical Cost $36,405 $36,493 $36,302 $36,833 $36,800 36,366 $36,237 $36,213 $36,577 3,570 3,580 3,553 3,627 3,625 3,565 3,548 3,542 3,593 February March April.. June.... July August... September October.. 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 foxed component, rounding off to the nearest whole dollar. Those estimates are closest to O $014 per machine-hour, $36,336 per month O $1019 per machine-hour, $36,470 per month O $748 per machine-hour: $9,708 per month O $729 per machine-hour, $10,392 per month
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