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Question 19 Moresan co gathered the following information on power costs and factory machine usage for the last six months Factory Machine Month Power Cout
Question 19 Moresan co gathered the following information on power costs and factory machine usage for the last six months Factory Machine Month Power Cout Hours January $24,400 13,900 February 30.400 17,600 March 29.000 16,000 April 22,340 13,200 May 19,900 11,600 16,900 3.600 June Using the high-low method of analyzing costs, answer the following questions What is the estimated variable portion of power conto per factory machine hour (round answer to decimal places, eg, 15.25.) Variable power costs per factory machine nou What is the estimated fixed power cost each month? High Low Fixed power costs
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