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LIFESAVER! NO WORK HAS TO BE SHOWN! Wilson Company's activity for the first six months of the current year is as follows: Machine Hours Electrical

LIFESAVER! NO WORK HAS TO BE SHOWN! Wilson Company's activity for the first six months of the current year is as follows: Machine Hours Electrical Cost January 4,400 $3,120 February 6,000 $4,460 March 4,800 $3,500 April 3,800 $3,040 May 3,600 $2,900 June 4,200 $3,200 Use the high-low method to identify the fixed and variable portions of the cost and determine the cost formula. Answer the following questions using the drop down:

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