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Katrina Evert is President of Evert Tool Co. She has asked for information about the cost behavior of manufacturing support costs. She wants to know

Katrina Evert is President of Evert Tool Co.

She has asked for information about the cost behavior of manufacturing support costs.

She wants to know how much support cost is fixed and how much is variable.

The following data are the only records available:

Month

Machine Hours

Support Costs

May

850

$9,000

June

1,300

12,500

July

1,000

7,900

August

1,250

11,400

September

1,750

15,300

What is the amount of fixed cost for this company?

Group of answer choices

$4,750

$5,000

$4,000

$3,050

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