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please solve all and send. Third: During the first half year of 2020, cost of utilities and machine hours for each month are extracted from
please solve all and send.
Third: During the first half year of 2020, cost of utilities and machine hours for each month are extracted from the record of a manufacturing company as follows: Month Cost of Utilities Machine Hours January $8,700 800 February 8,360 720 March 8,950 810 April 9,360 920 May 9,625 950 June 9,150 900 Required: Using the high-low method Compute: 1. The variable utilities cost per machine hour. 2. The fixed utilities cost per month. 3. The utilities cost associated with 980 machine hours Step by Step Solution
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