Exercise 2 8 (Part Level Submission) Usonic, Inc , has collected the following information on its cost of electricity Machine Hours Total Electricity Costs January 625 $280 February 700 $290 March 500 $265 April 425 $200 May 450 $248 June 300 $170 July 375 $180 August 550 $240 September 575 $260 October 280 $150 November 430 $215 December 200 $100 (b) Assuming the line intersects the y axis at $50 and using the September activity levels calculate the equation of the line that would be drawn for a scattergraph (Round variable cost to 2 decimal places, e g 15 25 and fixed cost to 0 decimal places, e g 15 ) y $ MH $

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Question: Exercise 2-8 (Part Level Submission) Usonic, Inc., has collected the following information on its cost of electricity: Machine Hours Total Electricity Costs January 625 $280

Exercise 2-8 (Part Level Submission) Usonic, Inc., has collected the following information on its cost of electricity:

Machine Hours	Total Electricity Costs
January	625	$280
February	700	$290
March	500	$265
April	425	$200
May	450	$248
June	300	$170
July	375	$180
August	550	$240
September	575	$260
October	280	$150
November	430	$215
December	200	$100

(b) Assuming the line intersects the y-axis at $50 and using the September activity levels calculate the equation of the line that would be drawn for a scattergraph.(Round variable cost to 2 decimal places, e.g. 15.25 and fixed cost to 0 decimal places, e.g 15.)

y =

$ MH

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