The controller of Crane Production has collected the following monthly cost data for analyzing the behavior of electricity costs.     Total Electricity Costs   Total Machine Hours January     $2,620       230   February     3,010       370   March     3,590       460   April     4,770       695   May     3,240       400   June     4,850       790   July     4,100       620   August     3,850       550   September     5,110       680   October     4,300       620   November     3,310       370   December     9,000       810       What electricity cost does the cost equation estimate for a level of activity of 790 machine hours? Electricity cost   $enter the electricity cost in dollars By what amount does this differ from June’s observed cost for 790 machine hours? Amount differ

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