Using the data below, answer the following questions:

a. Which costs, if any, are fixed? Choices:

• Electricity
• Depreciation
• Factory Supplies
• Property Taxes

b. Which Costs, if any, are variable? Choices:

• Electricity
• Depreciation
• Factory Supplies
• Property Taxes

c. Which costs, if any, are mixed? Choices:

• Electricity
• Depreciation
• Factory Supplies
• Property Taxes

1. Letting "X" represent machine hours and using the high-low method, what is the formula for electricity costs?
2. Estimate the total electricity costs in April if the machine hours are 300 more than in February.

Data Set

Machine Hours

Electricity

Depreciation

Factory Supplies

Property Taxes

CVP Question Data Table

January

5,400

$90,000

$67,500

$43,200

$54,000

February

3.150

$67,500

$67.500

$25,200

$54,000

March

4,275

$81,000

$67,500

$34,200

$54,000

Question Using the data below, answer the following questions: a. Which costs, if any, are fixed? Choices: Electricity - Depreciation Factory Supplies Property Taxes b. Which Costs, if any, are variable? Choices: Electricity Depreciation Factory Supplies Property Taxes c. Which costs, if any, are mixed? Choices: Electricity Depreciation - Factory Supplies - Property Taxes d. Letting \" \\( X \\) \" represent machine hours and using the high-low method, what is the formula for electricity costs? e. Estimate the total electricity costs in April if the machine hours are 300 more than in February. Data Set