dlakeAssignmentSessionLocator=&inprogress=false Calculator Okafor Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected Month Lease cost Machine hours April $21,000 550 May 16,500 420 June 510 July 19,000 22,239 570 What would Okafor Company's cost formula be to estimate the cost of leasing within the relevant range? Oa total lease cost - $420 + ($37.25 x machine hours) Ob total lease cost - $516+ ($38.18 x machine hours) Octotal lease cost - $456 + ($38.20 x machine hours) Od. None of these choices are correct