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Machine Hours Total Electricity Costs January 510 $240 February 540 $300 March 360 $205 April 450 $215 May 660 $290 June 690 $300 July 340

Machine Hours Total Electricity Costs
January 510 $240
February 540 $300
March 360 $205
April 450 $215
May 660 $290
June 690 $300
July 340 $180
August 520 $260
September 240 $120
October 750 $340
November 840 $360
December 600 $320

Assuming the line intersects the y-axis at $50 and using the August activity levels calculate the equation of the line that would be drawn for a scattergraph.

(Round variable cost to 3 decimal places, e.g. 52.751 and fixed cost to 0 decimal places, e.g 5,275.)

Y =

$ ...... MH

+

$ ......

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