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

Multiple Choice

Electrical costs at one of Gotch 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) $0.15 per machine-hour;$35,115 per month
B) $9.11 per machine-hour;$1,249 per month
C) $9.43 per machine-hour;$35,406 per month
D) $6.57 per machine-hour;$10,728 per month