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X Your answer is incorrect. Ivanhoe Company had a high level of activity in June of 6,510 machine hours and related electrical costs of $18,600.

X Your answer is incorrect. Ivanhoe Company had a high level of activity in June of 6,510 machine hours and related electrical costs of $18,600. In February had a month of low activity of 1,860 machine hours with electrical costs of $9,300. Using the high-low method, what are the variable cost per unit and the estimated fixed cost element of electrical costs? Unit variable cost $ 13030 Fixed cost element $ 3720 eTextbook and Media eTextbook Assistance Used

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