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The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January

The following information is available for a company's utility cost for operating its machines over the last four months.

Month Machine hours Utility cost
January 900 $ 5,450
February 1,800 $ 6,900
March 2,400 $ 8,100
April 600 $ 3,600

Using the high-low method, the estimated total fixed cost for utilities is:

Multiple Choice

  • $1,500.

  • $3,600.

  • $6,000.

  • $3,300.

  • $2,100.

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