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Portman Company's Activity for the First Three Months of 2016

question 77

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Portman Company's activity for the first three months of 2016 are as follows:  Machine Hours Electrical Cost  January 2,100$4,800 February 2,600$5,800 March 2,900$6,400\begin{array}{lll}&\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?


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