Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April Maintenance cost $13,600 $14,720 $13,000 $14,480 $17,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 May June Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $16,600 OB. $3,000 OC. $14,000 OD. $32,000 Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $12,360 $14,480 $15,280 $13,200 Machine hours 15,500 16,900 14,000 16,600 17,200 15,000 Using the high-low method, what would the variable maintenance cost per machine hour be? O A. $0.88 O B. $1.10 O C. $0.91 OD. $0.89 The high-low method is theoretically better than regression analysis because the high-low method uses more data points than regression analysis. True False If inventory has grown, operating income will be higher under absorption costing than it is under variable costing. O True False