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Calculate the estimated total fixed cost for utilities

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Question - The following information is available for a company's utility cost for operating its machines over the last four months.

Month Machine hours Utility cost

January 960 $5,510

February 1,860 $7,020

March 2,520 $8,700

April 660 $4,050

Using the high-low method, calculate the estimated total fixed cost for utilities?

$1,560.

$4,050.

$6,060.

$3,480.

$2,400.

Reference no: EM132198354

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