Discuss information on units produced and electricity costs

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The Bear Company collected the following monthly information on units produced and electricity costs:

Month

Units Produced

Electricity Costs

January

50,000

$78,000

February

48,000

$74,500

March

47,000

$72,000

April

54,000

$81,000

May

58,000

$86,000

June

53,000

$79,500

Using the high-low method, prepare an estimate of electricity costs for July, assuming 53,500 units are expected to be produced in July.

Reference no: EM131795984

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