Question: Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers PART A: WHAT IS THE ESTIMATED VARIBALE
Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers
PART A: WHAT IS THE ESTIMATED VARIBALE PORTION OF POWER COSTS PER FACTORY MACHINE HOUR?
PART B: WHAT IS THE ESTIMATED FIXED POWER COST EACH MONTH?
PART C: IF IT IS ESTIMATED THAT 10,000 FACTORY MACHINE HOURS WILL BE RUN IN JULY, WHAT IS THE EXPECTED TOTAL POWER COST FOR JULY?
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