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EVE NAME PROBLEM 1 Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities

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EVE NAME PROBLEM 1 Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The following are available for the first six months of the year: Month Utilities Machine Hours January $8,700 February 8,360 March April May June 8,950 9,360 9,625 9,150 800 720 810 920 950 900 Using the high-low method, compute the utilities cost associated with 980 machine hours

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