Solution-Compute the variable cost of electricity per

Compute the variable cost of electricity per machine hour

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Reference no: EM133108793

Question - Sunland, Inc., has collected the following information on its cost of electricity:

	Machine Hours	Total Electricity Costs
January	500	$200
February	540	$280
March	340	$200
April	470	$210
May	670	$280
June	730	$340
July	330	$180
August	530	$260
September	250	$146
October	750	$340
November	850	$350
December	600	$330

Required -

(a) Identify the high and low points. Using the high-low method, compute the variable cost of electricity per machine hour.

(b) Compute the total fixed cost of electricity.

(d) What is the expected electricity cost when 750 machine hours are used?

Reference no: EM133108793

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Compute the variable cost of electricity per machine hour

Reference no: EM133108793

Reference no: EM133108793

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