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The following 6 months of data were collected on electricity cost and the number of machine hours in a factory. Electricity Machine Month cost hours

The following 6 months of data were collected on electricity cost and the number of machine hours in a factory.

Electricity

Machine

Month

cost

hours

June

$25,160

4,500

July

26,170

4,810

August

27,250

5,120

September

26,680

5,010

October

27,950

5,430

November

27,500

5,190

Refer to Figure 3-13. A dependent variable value used in calculating the cost line using the high-low method is:

a.

5,430

b.

$27,900

c.

4,500

d.

$25,160

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