Question: Sha MATHS AND THEORY DO 1 Format Tools Add-ons Help Last edit was 12 minutes ago Times New... - 10 + Normal text BIU A

 Sha MATHS AND THEORY DO 1 Format Tools Add-ons Help Last

Sha MATHS AND THEORY DO 1 Format Tools Add-ons Help Last edit was 12 minutes ago Times New... - 10 + Normal text BIU A > 2 5 3 www 16 www. (10 marks) 2) Electrical costs at one of Kantola Corporation's factories are listed below: February March April May June July. August September ...... October........... Machine-Hours 3,570 3,580 3,553 3,627 3,625 3,565 3,548 3,542 3,593 Electrical Cost $36,405 $36,493 $36,302 $36.833 $36.800 $36,366 $36,237 $36,213 $36,577 Management believes that electrical cost is a mixed cost that depends on machine-hours. Requirement a) Use the high-low method to estimate the variable and fixed components this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. b) If the company incurred 6723 machine-hours during November. What would be the electrical cost of November? (7 marks) X 6 4/ ch JOL ASUS ZenBook

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