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Hello, I need to find -The variable cost of electricity per machine hour -The total fixed cost of electricity -Represent the electricity cost function in

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Hello, I need to find

-The variable cost of electricity per machine hour

-The total fixed cost of electricity

-Represent the electricity cost function in equation form

-What is the expected electricity cost when 730 machine hours are used?

?

image text in transcribed
Oriole, Inc., has collected the following information on its cost of electricity: Machine Hours Total Electricity Costs January 510 $240 February 540 $300 March 370 $190 April 460 $200 May 660 $260 June 700 $330 July 310 $160 August 510 $260 EZTS September 220 October 730 $330 November 840 $340 December 600 5310

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