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Blaney Company has one mixed cost. It uses machine hours as the activity level. Using the high-low method, determine the variable and fixed cost components.

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Blaney Company has one mixed cost. It uses machine hours as the activity level. Using the high-low method, determine the variable and fixed cost components. Machine Hours Total Cost January 12,000 $26,800 22,9001 February March 10,000 11.000 24,200 22,000 9,000 April Round your answers to the nearest cent. Do not use commas or dollars signs in your responses. per machine hour Variable cost $ Fixed cost $

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