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

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Electrical costs at one of Noyd Corporation's factories are listed below: Electrical costs at one of Noyd 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)  $0.11 B)  $8.92 C)  $94.27 D)  $8.56 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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