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Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to determine Smithson's fixed costs per month. Round your final
Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to determine Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. Cost Machine Hours January $27,000 10,200 February 35,900 18,200 March 28,900 11,600 April 31,200 14,500 Oa. $50,090 Ob. $12,522 Oc. $26,610 Od. $15,653
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