The controller of Carla Vista Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,830 300 February 3,130 350 March 3,730 500 April 4,630 690 May 3,330 500 June 6,030 700 Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e. g. 2.25.)
Variable cost per machine hour
Determine the fixed cost components using the high-low method.
Total fixed costs
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