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 The activity in the high month Select choice $1,560 $0 65 Y 560 0 65X $560 6,000 Hours Y 1,534 0 65X 3,600 Hours $3,810 $1 54 2,400 Hours $1,534 $2,900 $4,460 $3,624 1,560 Hours Y 560 1 54X Y 1,534 1 54X The activity in the low month Select choice $1,560 $0 65 Y 560 0 65X $560 6,000 Hours Y 1,534 0 65X 3,600 Hours $3,810 $1 54 2,400 Hours $1,534 $2,900 $4,460 $3,624 1,560 Hours Y 560 1 54X Y 1,534 1 54X The total cost in the high month Select choice $1,560 $0 65 Y 560 0 65X $560 6,000 Hours Y 1,534 0 65X 3,600 Hours $3,810 $1 54 2,400 Hours $1,534 $2,900 $4,460 $3,624 1,560 Hours Y 560 1 54X Y 1,534 1 54X The total cost in the low month Select choice $1,560 $0 65 Y 560 0 65X $560 6,000 Hours Y 1,534 0 65X 3,600 Hours $3,810 $1 54 2,400 Hours $1,534 $2,900 $4,460 $3,624 1,560 Hours Y 560 1 54X Y 1,534 1 54X The variable cost per machine hour Select choice $1,560 $0 65 Y 560 0 65X $560 6,000 Hours Y 1,534 0 65X 3,600 Hours $3,810 $1 54 2,400 Hours $1,534 $2,900 $4,460 $3,624 1,560 Hours Y 560 1 54X Y 1,534 1 54X The fixed cost per month Select choice $1,560 $0 65 Y 560 0 65X $560 6,000 Hours Y 1,534 0 65X 3,600 Hours $3,810 $1 54 2,400 Hours $1,534 $2,900 $4,460 $3,624 1,560 Hours Y 560 1 54X Y 1,534 1 54X The cost formula Select choice $1,560 $0 65 Y 560 0 65X $560 6,000 Hours Y 1,534 0 65X 3,600 Hours $3,810 $1 54 2,400 Hours $1,534 $2,900 $4,460 $3,624 1,560 Hours Y 560 1 54X Y 1,534 1 54X If the company used 5,000 machine hours next month, what would you expect the total cost to be for the month

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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:

The activity in the "high" month.
The activity in the "low" month.
The total cost in the "high" month.
The total cost in the "low" month.
The variable cost per machine hour.
The fixed cost per month.
The cost formula.
If the company used 5,000 machine hours next month, what would you expect the total cost to be for the month?