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on 1 red d out of Time left 1:02:20 Irbid, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours
on 1 red d out of Time left 1:02:20 Irbid, 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 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month Utilities cost Machine Hours January D8709 800 February 8394 7444 March 8950 810 April 9360 920 May 9698.4 975 June 9150 900 Estimated total 54000 5400 Estimated average. 9000 1900 Assume that the variable utilities cost per machine ribue is: SA.37 What would be the expected total fixed cost? 3580
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