Question
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: If the company uses 4800 machine hours in November, how much will the total utility bill be? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)
Question 2: Two disadvantages of high-low method.
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