TB MC Qu. 5A-35 (Static) Wilson Corporation's activity...
Wilson Corporation's activity for the first six of the current year is as follows:
January
February
March
April
May
June
Electrical
Machine-Hours
Cost
2,000
$ 1,560
3,000
$ 2,200
2,400
$ 1,750
1,900
$ 1,520
1,800
$ 1,480
2,100
$ 1,600
Using the high-low method, the fixed portion of the electrical cost each month would be:
Note: Round your intermediate calculations to 2 decimal places.