B Month 1 2 3 4 5 6 7 Labor-Hours Machine-Hours Overhead Costs 730 1,361 $ 102,713 710 1,409 103,859 670 1,510 109,913 740 1,462 108,238 785 1,588 116,224 760 1,586 114, 442 730 1,397 106,942 735 1,313 102,032 720 1,451 106,498 790 1,552 113,039 680 1,286 100,925 715 1,618 114,205 02:01:50 11 12 Book ased on machine-hours. Required: a. Use the high-low method to estimate the fixed and variable portions of overhead cost b. Managers expect the plant to operate at a monthly average of 1600 machine-hours next year. What are the estimated monthly overhead costs, assuming no inflation? Print ferences Complete this question by entering your answers in the tabs below. Required A Required B Use the high-low method to estimate the fixed and variable portions of overhead costs based on machine-hours. (Round Variable cost answer to 2 decimal places.) Variable cost (per machine hour) Fixed cost Required >