By the means of the standard quantum mechanics formalism I present an explicit derivation of the structure of power spectra in Danan et al. and Zhou et al. experiments with nested dynamically changing Mach-Zehnder interferometers. The analysis confirms that we observe prominent, firstorder peaks on frequencies related to some of the elements of the interferometer, but not on others. However, as I shall demonstrate, there are also other, weaker effects related to all relevant elements of the setup. In case of the Danan et al. setup, there are even peaks at all frequencies of element oscillations. When confronted in an experiment, these observations shall challenge the interpretation of the experiments based on anomalous trajectories of light.