Refer to Exhibit 5-4. What is the estimated cost per machine hour?

		$34
		$55
		$20
		$40
		None of the answer choices is correct.

Exhibit 5-4 Wayside Company has machine hours of 5,000 and machine costs of $170.000 at the high data point. Machine hours are 2.000 and machine costs are $110.000 at the low data point. Wayside uses the high-low method to estimate costs