Question: which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and
which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow:
MONTH TOTAL COST MACHINE HOURS
January $3,440 1,090
February $3,720 1,180
March $3,711 1,060
April $3,780 1,230
May $4,400 1,350
June $4,414 1,440
Requirements
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| 3. If Battle Company uses 1,260 machine hours in a month, what will its total costs be? |
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