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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

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 930 $6,480 February 1,830 $6,960 March 2,460 $8,400 April 630 $4,740 Using the high-low method, the estimated total fixed cost for utilities is: Multiple Choice $1,530. $4,740. $6,030. $3,390. $3,480.

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