The Macon Company uses the high low method to determine its cost equation. The following information was gathered for the past year: Busiest month (June) Slowest month (December) Machine Hours 13,000 5,000 Direct Labor Costs $260,000 $128,000 If Macon expects to use 10,000 machine hours next month, what are the estimated direct labor costs? Multiple Choice $173,500 $165,000 1200.500 5210.500