Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,200 machine hours, with the following data being available for the first six months of the year:

Month	Utilities				Machine Hours
January	$	9,600				890
February		9,260				810
March		9,850				900
April		10,260				1,010
May		10,732				1,040
June		10,050				990

The fixed utilities cost per month for Barkoff is:

Multiple Choice

• $3,440.

• $4,076.

• $4,436.

• $4,776.

• None of the answers is correct.