Chapter 22 Question 1 of 2 > 16,67/50 E The controller of Crane Production has collected the following monthly cost data for analyzing the behavior of electricity costs Total Electricity Costs Total Machine Hours January $2,480 230 February 2930 370 March 3.520 460 April 4,620 685 May 3,190 420 June 4.960 790 July 4060 620 August 3,870 550 September 5,090 670 October 4,370 605 November 3,360 370 December 7.700 810 (c) What electricity cost does the cost equation estimate for a level of activity of 790 machine hours? Electricity cost 5 By what amount does this differ from June's observed cost for 790 machine hours? Amount ditter 5 e Textbook Media Attempts: 0 of 3 used Sun An Save for Late