Calculate the following

Month Overhead Machine Hours 0 O in FF January $3,480 13,229 Februa $3,581 14,136 2 March $3,756 15,727 April $4,003 18,073 $4,005 18,000 June $3,720 16,707 July $3,525 13,820 August $3,330 May Required (round to 2 decimal places): Using the high low method, calculate the fixed cost component of overhead and the variable rate per machine hour. Estimate the expected cost for overhead in September assuming that 15,100 hours of machine hours are used in the month. 3. Give one specific exampi_e of a cost that might be included in the fixed cost you calculated above