Transcribed Image Text: 11) Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has

Transcribed Image Text: 11) 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 companys
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
February
March
April
May
S 8,700
8,360
8,950
9,360
800
720
810
920
9,625
950
June
9,150
900
The fixed utilities cost per month for Barkoff is:
A) $4,400.
B) $5,100.
9 4,760.
D) $3,764.
E) None of the answers is correct.

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