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The following six months of data were collected on electricity cost and the number of machine hours in a factory. Month Electricity cost Machine hours

The following six months of data were collected on electricity cost and the number of machine hours in a factory.

Month

Electricity cost

Machine hours

June

$ 25,160

4,500

July

26,170

4,810

August

27,250

5,120

September

26,680

5,010

October

27,950

5,430

November

27,500

5,190

Using the high-low method the variable rate for the electricity cost is?

Using the high-low method the fixed cost of electricity is?

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