Using the high-low method of analysis, the estimated fixed cost per month for electricity is closest to:

A) $260
B) $235
C) $280
D) $800

High-low Method

In cost accounting, a strategy for estimating fixed and variable costs by looking at the peak and bottom activity levels.

Fixed Cost

An expense that does not change with an increase or decrease in the number of goods or services produced or sold.

Electricity

A form of energy resulting from the existence of charged particles, used as a power source.