Barkott Enterprises, which uses the high-low method to analyze cost behavior has cetermined that machine hours best explain the company's utilities cost. The company's relevert range of activity veries from a low or 600 mechine hours to a high of 1,200 machine hours, with the following data beng avaliable for the first six months of the year: Month January February March Utilities $ 9,308 Machine Hours FIT June 1,550 9,968 1,365 3,759 1,014 Using the high-low method, the unlides cost for Borkoff associated with 1040 machine hours would be M.iple Choke 110,456. 0 0 0 0 0 310416 $10.266. $10.546. None of the answers is correct