CC Corporation manufactures major appliances. Because of growing interest in its products, it has just its most successful year. In preparing the budget for next year, its controller compiled these data:

Month	Volume in Machine Hours	Electricity Cost
July	6,000	$60,000
August	5,000	$53,000
September	4,500	$49,500
October	4,000	$46,000
November	3,500	$42,500
December	3,000	$39,000
total	26,000	$290,000

Required:

Using the high-low method, determine the variable electricity cost per machine hour and the monthly fixed electricity cost?