melissa578
26.06.2019 •
Business
Data concerning nelson company's activity for the first six months of the year appear below:
machine hours electrical cost
january 4,000 $3,120
february 6,000 $4,460
march 4,800 $3,500
april 3,800 $3,040
may 3,600 $2,900
june 4,200 $3,200
using the high-low method of analysis, the estimated monthly fixed component of the electrical cost is: (a) $1,520 (b) $440 (c) $260 (d) $560
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