Pratt Tailors has gathered information on utility costs for the past year. The controller has decided that utilities are a function of the hours worked during the month. The following information is available & representative of the company’s utility costs:

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Utility cost incurred $ 903 Hours worked Low point High point 1,300 1,680 1,074 If 1,425 hours are worked in a month, total utility cost (rounded to the nearest dollar) using the high-low method should be a. $947. b. $954. c. $959. d. $976. Utility cost incurred $ 903 Hours worked Low point High point 1,300 1,680 1,074 If 1,425 hours are worked in a month, total utility cost (rounded to the nearest dollar) using the high-low method should be a. $947. b. $954. c. $959. d. $976.