Botana Company constructed the following formula for monthly utility cost. Total utility cost = $2,400+ ($16.20 x labor hours) Assume that 775 labor hours are budgeted for the month of April. Calculate the total utility cost for the month of April. $12,555 $14,955 $2,400 $10,155 QUESTION 30 Botana Company constructed the following formula for monthly utility cost. Total utility cost = $1,200+ ($8.10 x labor hours) Assume that 775 labor hours are budgeted for the month of April. If Botana Company incurs 9,600 labor hours for the year, what would be the estimate of total utility cost? $76,560 $78,960 $92,160 none of these are correct