Portman Company's activity for the first three months of 2022 are as follows: $\begin{array}{lcc}
& \text { Machine Hours } & \text { Electrical Cost } \
\hline \text { January } & 2,100 & \$ 4,800 \
\text { February } & 2,600 & \$ 5,800 \
\text { March } & 2,900 & \$ 6,400
\end{array}$ Using the high-low method how much is the cost per machine hour?

Question

Portman Company's activity for the first three months of 2022 are as follows: $\begin{array}{lcc} 
& \text { Machine Hours } & \text { Electrical Cost } \
\hline  \text { January } & 2,100 & \$ 4,800 \
\text { February } & 2,600 & \$ 5,800 \
\text { March } & 2,900 & \$ 6,400
\end{array}$ Using the high-low method how much is the cost per machine hour?

Quizplus · Accepted Answer

The Answer of Portman Company's activity for the first three months of 2022 are as follows: $\begin{array}{lcc} 
& \text { Machine Hours } & \text { Electrical Cost } \
\hline  \text { January } & 2,100 & \$ 4,800 \
\text { February } & 2,600 & \$ 5,800 \
\text { March } & 2,900 & \$ 6,400
\end{array}$ Using the high-low method how much is the cost per machine hour?

Portman Company's Activity for the First Three Months of 2022