A factory has the following Operating costs over a six month period Factory Month Power Cost Machine Hours January $ 24,400 13,900 February 30,400 17,600 March 29,000 16,800 April 22,340 13,200 May 19,900 11,600 June 16,900 8,600 Use the high low method to calculate variable and fixed cost components 6 Variable cost per hour 7 Fixed Cost