Zee Company incurred the following costs and machine hours during the last three months of...
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Accounting
Zee Company incurred the following costs and machine hours during the last three months of the current year 2020: 
A. Using the high-low method, construct a cost formula for electricity cost.
B. If Zee had a total cost in January 2021 of $60,000, how many machine hours did they incur during January? answer a and b
Type of cost A B C Electricity $22,000 $50,000 $12,000 Depreciation 16,000 16,000 10,000 Factory supplies 8,600 4,600 6,600 Property taxes 13,000 13,000 13,000 Machine hours 1,200 1,500 950
A. Using the high-low method, construct a cost formula for electricity cost.
B. If Zee had a total cost in January 2021 of $60,000, how many machine hours did they incur during January?
answer a and b
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