Problem 22-01A a-c (Part Level Submission) The controller of Wildhorse Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. CALCULATOR May Total Total Electricity Costs Machine Hours January $2,220 220 February 3,080 330 March 3,530 460 April 4,760 690 3,220 440 June 4,920 790 July 4,100 650 August 3,830 590 September 5,000 660 October 4,310 November 3,300 330 December 6,350 810 635 Attempts: 2 of 15 used (b) What electricity cost does the cost equation estimate for a level of activity of 460 machine hours? Electricity costs $ By what amount does this differ from March's observed cost for 460 machine hours? Amount after $ Click If you would like to Show Work for this question: Doen Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 15 used SAVE POR LATER The parts of this question must be completed in orders or SUBMIT