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pina colada cabins has 9 units for rent. in July, all units were rented for all 31 days of the month. The July utility bill

pina colada cabins has 9 units for rent. in July, all units were rented for all 31 days of the month. The July utility bill was $2390. In February, 7 cabins were rented for 10 days each. The February utility bill was $718. In April, 8 cabins were rented for 14 days each and the monthly utility bill was $990. Use the high-low method to determine the estimated fixed cost component of the company's utility bill. 1. $103 2. $718 $0 $158

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