Kleaners Kingdom is trying to ascertain the cost of cleaning 18300 square meters for the next project. Management is using past information and high-low method to assist with the calculation. The variables relate to the overhead expenses of past contracts at two activity levels are as follows:

Square meters cleaned	Overheads
13,500	$84,865
15,950	$97,850

What is the estimate of the overheads if 18,300 square meters are to be cleaned?

a.

$112,267

b.

$96,990

c.

$115,039

d.

$110,305