The following information is available for a company's utility cost for operating its machines over...
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The following information is available for a company's utility cost for operating its machines over the last four months, Month January February March April Machine hours 1,000 1,900 2,600 700 Utility cost $6,000 $7,100 $9, 100 $4,350 Using the high-low method, the estimated total fixed cost for utilities is: Using the high-low method, the estimated total fixed cost for utilities is: Multiple Choice $1,600. $2,600 $6,100. $4,350. $3,600
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