Question $16$

$20$ pts

Estimated maintenance cost at XYZ Motors is estimated using the high$-$low method. Past records indicate total maintenance cost was $$15,200$ for $1,900$ labor hours and $$12,800$ for $1,100$ labor hours.

Using the high$-$low method, what is the company's estimated total maintenance cost if $1,450$ labor hours were used?

$$14,140$

$$13,850$

None of the answers are correct.

$$13,700$