Electrical costs at one of Rome Corporation's factories are listed below: Management believes that electrical cost is a mixed cost that depends on machine-hours.Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to: (Round your intermediate calculations to 2 decimal places.)

Question

Electrical costs at one of Rome Corporation's factories are listed below:  Management believes that electrical cost is a mixed cost that depends on machine-hours.Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to: (Round your intermediate calculations to 2 decimal places.)

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The Answer of Electrical costs at one of Rome Corporation's factories are listed below:  Management believes that electrical cost is a mixed cost that depends on machine-hours.Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to: (Round your intermediate calculations to 2 decimal places.)

Electrical Costs at One of Rome Corporation's Factories Are Listed