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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

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 $ 10,000 930
February 9,660 850
March 10,250 940
April 10,660 1,050
May 10,856 1,080
June 10,450 1,030

The variable utilities cost per machine hour for Barkoff is:

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