Electrical costs at one of Rome Corporation's factories are listed below: Machine-Hours March April May June July August September October November 458 423 440 409 426 372 414 431 468 Electrical Cost $ 1,007 $ 934 $ 979 $ 902 $ 952 $ 822 $ 926 $ 949 $ 1,025 Management believes that electrical cost is a mixed cost that depends on machine-hours. Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $822 $743 $38 $944