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Lowden Company's low and high level of activity last year was 40,000 units produced in June and 120,000 units produced in November. Utility costs were

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Lowden Company's low and high level of activity last year was 40,000 units produced in June and 120,000 units produced in November. Utility costs were $60,000 in June and $156,000 in November. Using the high-low method, estimated total utility cost for a month in which 80,000 units will be produced is 0 $120,000. 0 $108,000. 0 not determinable with the information given. 0 $104,001

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