answer A to c

Marcie Publishing Company (Marcie) is a publisher of novels. The monthly equipment maintenance cost for Marcie is considered to be a mixed cost. The variable portion of the cost is related to the number of novels published. The production volume and maintenance costs for the past six months are presented below. Marcie uses the high-low method to separate mixed costs into its fixed and variable portions. Month Volume of Production (Number of Novels) Equipment Maintenance Costs March 385,000 $3,200 April 490,000 $5,100 (May 111,000 $3,300 136,000 $2,500 July 564,000 $7,600 August 266,000 $3,100 June a) Calculate the variable rate for the equipment maintenance cost. Round your answer to 5 decimal places Variable Cost per Unit: $ b) Calculate the fixed portion of the equipment maintenance cost. Round your answer to the nearest whole number Fixed Costs C) Assume that 420,000 novels is the budgeted production level for August. Using the results of the high-low method in parts a) and b), what is the expected total equipment maintenance cost for August? Round your answer to 2 decimal places Expected total equipment maintenance cost for August: $