XYZ Company uses the high-low method to analyze mixed costs. During the year, the highest level of activity was in May and the lowest level of activity was in February. In February, the common hours and had a total cost of $46,300. In May, the company worked 27,000 hours and had at the estimated total cost at an operating level of 22,000 hours? Select one: a. $90,300 b. $94,300 c. None of the answers given d. $49,050 e. $98,300 XYZ Company uses the high-low method to analyze mixed costs. During the year, the highest level of activity was in May and the lowest level of activity was in February. In February, the common hours and had a total cost of $46,300. In May, the company worked 27,000 hours and had at the estimated total cost at an operating level of 22,000 hours? Select one: a. $90,300 b. $94,300 c. None of the answers given d. $49,050 e. $98,300