Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has gathered the following cost information from the past year:

Month Labor Hours Overhead Costs January 3,000 $61,400 February 2,300 58,260 March 2,400 59,260 April 3,500 63,500 May 3,800 66,560 June 5,000 70,800 July 7,300 80,260 August 7,000 77,200 September 5,900 71,980 October 4,000 67,600 November 2,600 61,320 December 6,000 73,000 Total 52,800 $811,140 (a) Identify the high and low points. Activity Level $ High point $ Low point $ Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. (Round variable cost to 2 decimal places, e.g. 15.25 and fixed cost to 0 decimal places, e.g. 5,275.) $ Variable cost per labor hour $ Fixed cost