Time left 1:02:20 Irbid, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year Month Utilities cost lachine Hours January UD 8700 800 February 8394 744,4 March 8950 810 April 9360 920 May 9698.4 975 June 9150 Estimated total 54000 5400 Estimated average 9000 1900 Assume that the variable utilities cost per machine Wher and be the expected total fixed cost?JOB5B02