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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

  1. 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 1030 $ 5580
    February 1930 $ 7160
    March 2660 $ 9400
    April 730 $ 3610
    Using the high-low method, the estimated total fixed cost for utilities is:

    $1630.

    $3690.

    $1420.

    $3610.

    $6130.

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