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Deidoro Company has provided the following data for maintenance cost: 2021 2022 Machine Hours 21,000 23,500 Maintenance Cost $34,500 $ 37,750 Maintenance cost is

 

Deidoro Company has provided the following data for maintenance cost: 2021 2022 Machine Hours 21,000 23,500 Maintenance Cost $34,500 $ 37,750 Maintenance cost is a mixed cost with variable and fixed components. Using the High Low method, the fixed and variable components of maintenance cost are closest to: (Round your intermediate calculations to 2 decimal places.)

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