Question Content AreaSkyward Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected as follows:

Month Lease cost Machine hours

April $$15,000800$

May $10,000600$

June $12,000770$

July $16,0001,000$

Using the high$-$low method, calculate the fixed cost of leasing.

a$.$ $$2,000$

b$.$ $$2,500$

c$.$ $$1,500$

d$.$ $$1,000$