Bava Company wants to develop a cost function for its maintenance costs to estimate such costs for the coming year. The following data are available: $\begin{array}{llr}& \text { Direct } & \text { Maintenance } \
\text { Month } & \text { Labour Hours } & \text { Costs Incurred }\
\text { June } & 4,000 & \$ 900 \
\text { July } & 6,500 & 1,325 \
\text { August } & 7,000 & 1,500 \
\text { September } & 5,500 & 1,150
\end{array}$ Using the high-low method, what is the fixed maintenance cost?
A) $500
B) $300
C) $200
D) $100

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The Answer of Bava Company wants to develop a cost function for its maintenance costs to estimate such costs for the coming year. The following data are available: $\begin{array}{llr}& \text { Direct } & \text { Maintenance } \
\text { Month } & \text { Labour Hours } & \text { Costs Incurred }\
\text { June } & 4,000 & \$ 900 \
\text { July } & 6,500 & 1,325 \
\text { August } & 7,000 & 1,500 \
\text { September } & 5,500 & 1,150
\end{array}$ Using the high-low method, what is the fixed maintenance cost?
A) $500
B) $300
C) $200
D) $100

Bava Company Wants to Develop a Cost Function for Its