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QUESTION 1 1. Company XYZ has the following data relating to its power usage for the last six months. Month Usage (kw) Cost (5) 300

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QUESTION 1 1. Company XYZ has the following data relating to its power usage for the last six months. Month Usage (kw) Cost (5) 300 475 400 555 415 515 5 200 335 6 225 355 1 2 3 4 240 370 Assume usage is within the relevant range of activity (ie., no outliers). Compute the total power cost for the current month, using high-low method, if the estimated power usage for the current month is 450 kw (3 points)

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