Sunland, Inc., has collected the following information on its cost of electricity:

ANSWER QUESTIONS IN RED

Sunland, Inc., has collected the following information on its cost of electricity: Machine Hours 510 540 360 440 660 720 320 500 220 730 840 600 Total Electricity Costs $240 $300 $200 $210 $290 $350 $170 $270 $122 $340 $370 $310 January February March April une July August September October November December Your answer is correct. Using the high-low method, compute the variable cost of electricity per machine hour. (Round unit cost to 2 decimal places, e.g. 52.75.) 0.4 Variable cost $ per machine hour