Campbell and Campbell Companys total utility cost during the most recent year was $1,200 during the highest month and $600 during its lowest month. These costs corresponded with 10,000 units of production during the highest month and 2,000 units during the lowest month.

What are the fixed and variable components of its utility costs using the high-low method?

Group of answer choices

$0.075 variable and $450 fixed

$0.120 variable and $0 fixed

$0.300 variable and $0 fixed

$0.060 variable and $600 fixed