Hot'lanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1.100 machine hours, with the following data being available for the first six months of the year Month Utilities Machine hours Jan $8,700 800 Feb $8,360 720 Mar $8,950 810 Apr 59,360 920 May $9,625 950 June 59,150 900 The fixed utilities cost per month is: A 53.764 OB. 54400 Activate Windows Garte Sets C. 54.760 0.55.100 Question 49 of 50 9 Points Hot'lanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine hours Jan 58,700 800 Feb 58,360 720 Mar $8,950 810 Apr 59,360 920 May 59,625 950 June 59.150 900 Activate Window Using the high-low method, the utilities cost associated with 980 machine hours would be