Angie March owns a cathering company that stages banquets and parties that for both companies and individuals. the business is seasonal, with heavy demand during the summer month and year end holidays and light demand at other time. Angie has gathered followibng cost information from the cost past year.

Month Hour cost

Jan $3,60065,320$

Feb $2,90062,320$

Mar $3,00063,320$

April $4,10067,320$

May $4,40070,320$

June $5,60074,320$

July $7,90083,320$

Aug $7,60080,320$

Sep $6,50075,320$

Oct $4,60071,320$

Nov $3,20065,320$

Dec $6,60076,320$

Total $60,000854,840$

a$.$ Identify the high low point

b$.$using the high low method $,$ compute the overhead cost per labor hour and the fixed overhead costper month