The following data relate to the Torrence Company for the months of May and August for the current year:
			May		August
Maintenance hours			25,000		29,000
Maintenance cost			$1,175,000		$1,247,000
May and August were the lowest and highest activity levels, and Torrence uses the high-low method to analyze cost behavior. Expected maintenance hours for October is 26,000. Which of the following statements is true?

	A.	The variable maintenance cost is $43 per hour
	B.	The predicted maintenance cost for October is $1,211,000
	C.	The variable maintenance cost is $45 per hour
	D.	The predicted maintenance cost for October is $1,193,000
	E.	The predicted maintenance cost for October is $1,275,000