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tion 8 The following 6 months of data were collected on electricity cost and the number of machine hours from Lizzie Vigneaux Manufacturing, Inc Electricity

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tion 8 The following 6 months of data were collected on electricity cost and the number of machine hours from Lizzie Vigneaux Manufacturing, Inc Electricity Month Cost June 524,300 524197 August 525,102 September $24.968 October $25,602 November 525,650 Machine Hours 4,500 4.590 5.120 5.010 5,430 5,380 Using the High-Low Method, what is the estimate of the variable cost per machine hour for Electricity coat

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