TB MC Qu. 6-95 The following data relate to the... The following data relate to the Torrence Company for May and August: May August Maintenance hours 30, 000 36, 000 Maintenance cost $1, 315, 000 $1, 447, 000 May and August were the lowest and highest activity levels, and Torrence uses the high-low method to analyze cost behavior. If maintenance hours are estimated to be 33,000 hours in October, which of the following statements is true?Multiple Choice O Total maintenance costs will be $1,315,000. O Total maintenance costs will be $1,324,000. O Total maintenance costs will be $1,381,000. O Total maintenance costs will be $1,414,000. O Total maintenance costs will be $1,447,000