Question: Jersey, 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

has determined that machine hours best explain the company's utilities cost. The

Jersey, 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 Machine Hours January February March $8,700 8,360 8,950 9,360 9,625 9,150 800 720 810 920 950 900 April May June

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