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m- Part A-August Question 3 (2 points) Delta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain
m- Part A-August Question 3 (2 points) Delta, 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 500 machine hours to a high of 1,500 machine hours, with the following data being available for the first six months of the year: Month January February March April May June O a) $3,764. O b) $4,400. O c) $4,760. O el O d) $5,100. Utilities $8,700 8,360 8,950 9,360 9,625 9,150 Machine Hours 800 720 810 The fixed utilities cost per month is: 920 950 900 an amount other than those listed above. of 6
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