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The controller of Cullumber Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. Total Electricity Costs Total Machine

The controller of Cullumber Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs.

Total Electricity Costs Total Machine Hours
January $2,700 290
February 2,980 350
March 3,590 480
April 4,620 690
May 3,160 460
June 5,000 780
July 4,110 620
August 3,910 510
September 5,120 680
October 4,200 620
November 3,200 350
December 6,270 800

Determine the fixed- and variable-cost components using the high-low method.

Fixed-costs $
Variable-costs

$

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X Your answer is incorrect. Try again. (b) What electricity cost does the cost equation estimate for a level of activity of 460 machine hours? Electricity costs By what amount does this differ from March's observed cost for 460 machine hours? Amount differ x Your answer is incorrect. Try again. (c) What electricity cost does the cost equation estimate for a level of activity of 790 machine hours? Electricity costs By what amount does this differ from June's observed cost for 790 machine hours? Amount differ the other an last exersice is Blossom provides environmentally friendly lawn services for homeowners. Its operating costs are as follows

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