Business, 06.03.2020 01:01 ericadawn2852

Barkoff Enterprises, 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 1,200 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

Using the high-low method, the utilities cost associated with 1,110 machine hours would be .

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