if it is estimated that 14,000 factory machine hours will be run in July what is the expexted

Quels Question 1 of 2 Moving to another question will save this response on 1 15 points Save Antwer Colins Company gathered the following information on power costs and factory machine usage for the ist six months Month Power Cost Factory Machine Hours January $82,350 46,913 February 102,600 59,400 March 97.875 56,700 75,398 44,550 67,163 39,150 57,038 29,025 April May June Instructions: Using the high-low method of analyzing costs, answer the following questions. 1. What is the estimated variable portion of power costs per factory machine hour? 2. What is the estimated fixed power cost each month? 3. If it is estimated that 14,000 factory machine hours will be run in July, what is the expected total power cost for July? Show All Resized Resize....jpg Resized_Resize.jpg