Electrical Costs at One of Vanartsdalen Corporation's Factories Are Listed

Multiple Choice

Electrical costs at one of Vanartsdalen Corporation's factories are listed below: Management believes that electrical cost is a mixed cost that depends on machine-hours.Using the high-low method to estimate the variable and fixed components of this cost,these estimates would be closest to:

A) $14.41 per machine-hour;$33,832 per month
B) $0.11 per machine-hour;$33,957 per month
C) $9.35 per machine-hour;$11,885 per month
D) $11.30 per machine-hour;$7,229 per month