1. The Frontive Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Frontive Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.

Cost	Hours
$24,700	5,000
26,000	5,500
34,000	7,500
45,370	10,300
38,000	9,500

What is the estimated total cost at an operating level of 9,000 hours?

1. $40,300
2. $39,644
3. $44,460
4. $35,100
5. None of the above