Question: Samuels, 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

Samuels, 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	$8,700	800
February	8,360	720
March	8,950	810
April	9,360	920
May	9,625	950
June	9,150	900

The fixed utilities cost per month is:

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