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The Bradshaw factory gathered the following information on power costs and factory machine usage for the last five months: Month Factory Machine Hours Power Cost
The Bradshaw factory gathered the following information on power costs and factory machine usage for the last five months:
Month Factory Machine Hours Power Cost ($)
January 2,000 hours $2,400
February 1,500 hours $2,000
March 2,200 hours $2,600
April 2,500 hours $2,800
May 2,300 hours $2,700
(a) What is the variable portion of power costs per factory machine hour?___________
(b) What is the fixed power cost each month?_____________
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