Current The controller of Ivanhoe Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $2,735 3,108 3,730 4,334 3,315 4,603 Total Machine Hours 3,620 4,144 6,216 8,184 5,180 8,290

The controller of Ivanhoe Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Determine the variable-cost components using the high-low method. (Round onswer to 2 decimal places es. 2.25.) Variablecost per machine hour eTextbook and Media Attempts: 0 of 5 used (a2) The parts of this question must be completed in order. This part will be available when you complete the part above