Use the following data to answer questions 8 and 9:

Month Maintenance Cost Machine Hours

September $26,020 21,000

October $24,600 18,500

November $22,300 15,000

December $25,100 19,000

Assume that all of the relevant range includes all of the activity levels mentioned in this problem.

Assuming Cosco Company uses the high-low method of analysis, if machine hours are budgeted to be 20,000 hours then the budgeted total maintenance cost would be expected to be:

$25,560

$25,400

$24,720

$23,700