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L> Moving to another question WIR DIV Tespre Question 4 Collins Company gathered the following information on power costs and factory machine usage for the

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L> Moving to another question WIR DIV Tespre Question 4 Collins Company gathered the following information on power costs and factory machine usage for the last six months: Month January February March P ower Cost $36,600 45,600 43,500 Factory Machine Hours 20,850 26,400 25,200 19,800 17,400 12,900 April 33,510 May | 29,850 25,350 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 15,000 factory machine hours will be run in July, what is the expected total power cost for July? another question will save this response

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