QUESTION 16 The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 970 $ 6520 February 1870 7040 March 2540 8100 April 670 5060 Using the high-low method, the estimated variable cost per machine hour for utilities is: O $7.55. O $4.87. O $3.19. O $1.63. O $4.42. QUESTION 17 The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 1100 6650 February 2000 7300 March 2800 10,100 April 800 4500 Using the high-low method, the estimated total fixed cost for utilities is $3900 O $2260 $1700 $6200 $4500. QUESTION 18 Use the following information to determine the break-even point in sales dollars. Unit sales 43,600 Units Dollar sales 436,000 Fixed costs 196,000 Variable costs 163,500 $313,600. $122,400. $196,000 $436,000 $76,500. QUESTION 19 Use the following information to determine the break-even point in units (rounded to the nearest whole unit) Unit sales 48,000 Units Unit selling price 15.10 Unit variable cost 8.70 Fixed costs 184,000 28,750 21,149 12,185 7731 35,310