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Glen Company manufactures socks. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past

Glen Company manufactures socks. 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 as follows: Month Lease cost Machine hours April $15,000 800 May 10,000 500 June 12,000 770 July 16,000 1,000 What would be the total lease cost of Glen Company at a level of 600 machine hours? 58,500 $11,200 $12,000 $13,000

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