The following data pertains to activity and utility costs for two recent yearUsing the high$-$low method, the cost formula for utilities is$?$A$)$ $$1\mathrm{.}50$ per unit.B$)$ $$6,000$ plus $$0\mathrm{.}75$ per unit.C$)$ $$8,000$ plus $$0\mathrm{.}50$ per unit.D$)$ $$1\mathrm{.}25$ per unit$\mathrm{.}35)$ Perkins Company is considering several investment proposals, as shYear $2$Year $1$Activity level in units$12,0008,000$Utilities cost$$15,000$$$12,000$