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Exam Seved (LO 4) The following information is available for a company's utility cost for operating its machines over the last four months. Month January

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Exam Seved (LO 4) The following information is available for a company's utility cost for operating its machines over the last four months. Month January February March April Machine hours 960 1,860 2,520 660 Utility cost $ 5,510 $7,020 $8,700 $4,050 Using the high-low method, the estimated total fixed cost for utilities is: Multiple Choice O $1,560 o O $4,050 o $6,060

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