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Utility costs at one UISZ Power Corporation's factories are listed below: Month --- Machine hours --- Utility Cost $ Feb - 4421 - 39,308 Mar
Utility costs at one UISZ Power Corporation's factories are listed below:
Month --- Machine hours --- Utility Cost $
Feb - 4421 - 39,308
Mar - 4268 - 39,573
Apr - 4234 - 39,392
May - 4237 - 39,394
Jun - 4299 - 39,787
Jul - 4318 - 39,881
Aug - 4305 - 39,798
Sep - 4308 - 39,831
Oct - 4226 - 39,315
Management believes that utility cost is a mixed cost that depends on machine- hours.
Question: Using the high-low method to calculate the fixed cost per month.
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