5. Use the following information to answer this question. Gargymal Company would like to estimate the variable and fixed components of its electrical costs and has compiled the following data for the past ve months of operations. Machine Electrical Hours Cost Using the high-low method of analysis, the estimated fixed cost per month for electricity is closest to which of the following? A. $870.00 B. $1,150.00 C. $1,306.50 D. $1,290.00