Moresan Co. gathered the following information on power costs and factory machine usage for the last six months: RCES Exercise 171 20) Factory Machine Month Power Cost Hours January $24,400 13,900 February 30,400 17,600 March 29,000 16,800 April 22,340 13,200 May June 19,900 16,900 11,600 8,600 dy Using the high-low method of analyzing costs, answer the following questions. What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs $ per factory machine hour What is the estimated fixed power cost each month? Fixed power costs $ High $ Low If it is estimated that 10,000 factory machine hours will be run in July, what is the expected total power cost for July? Total power cost $ Click if ou would like to Chow More for this questions Oner She M C