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

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Electrical costs at one of Rome Corporation's factories are listed below: 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 variable component of electrical cost per machine-hour is closest to: A)  $2.11 B)  $1.80 C)  $2.21 D)  $0.47 Management believes that electrical cost is a mixed cost that depends on machine-hours.
Using the high-low method, the estimate of the variable component of electrical cost per machine-hour is closest to:


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