Question Completion Status: Question 1 of 32 -> A Moving to another question will save this response. Question 1 15 points Save Answe Collins Company gathered the following information on power costs and factory machine usage for the last six months Month Power Cost Factory Machine Hours January $82,350 46,913 February 102,600 59,400 March 97,875 56,700 75.398 44,550 67,163 39,150 June 57,038 29,025 April May Instructions: Using the high-low method of analyzing costs, answer the following questions. 1. What is the estimated variable portion of power costs per factory machine hour? 2. What is the estimated fixed power cost each month? 3. If it is estimated that 14,000 factory machine hours will be run in July, what is the expected total power cost for July? Resized Resize....jpg Resized Resize....jpg Show A