The following information is available for a companys utility cost for operating

Question

The following information is available for a company's utility cost for operating its machines over the last four months.

Month	Machine hours	Utility cost
January	900	$5,450
February	1,800	$6,900
March	2,400	$8,100
April	600	$3,600

Using the high-low method, the estimated total fixed cost for utilities is:
A. $1,500
B. $3,600
C. $6,000
D. $3,300
E. $2,100

Answer

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