Thompson Refrigerators Inc needs to prepare pro forma financial statements for the next fiscal year. To do so, the company must forecast its total overhead cost. The actual machine hours and total overhead cost are presented below for the past six months. Total Month Overhead Jan. $8,740 Feb. 8,490 Mar. 8,870 Apr. 9,400 May 9,850 June 8,290 Machine Hours 2,250 2,170 2,400 2,870 2,960 2,160 Using the high-low method, total monthly fixed overhead cost is calculated to be Multiple Choice $4644 80 $4.078.00 $4,858 20 $4,949.30 $4,445.70