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: Labor Hours Overhead Costs Month January 3,200 56,720 February 2.500 54,140 March 2.600 55,140 April 3,700 58,420 May 4,000 61.240 June 5.200 64,520 July 7.500 72.140 August 7.200 69.320 September 6.100 64.980 October 4,200 62,120 November 2,800 56,960 December 6,200 65,920 Total 55,200 $ 741,620 (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, eg. 15.25 and fixed cost to O decimal places, eg. 5,275.) $ Variable cost per labor hour Fixed cost