Subject:BusinessPrice: Bought3
current year. Month Usage (Kw)Cost Jan. 500 $450 Feb. 550 455 Mar. 475 395 Apr. 425 310 May 450 380 June 725 484 Assume usage is within the relevant range of activity. Required: a. Using the high-low method, compute the cost formula. b. Terrell Corporation estimates its power usage for July at 660 watts. Compute the total power cost for July.