Exercise 19-3 The controller of Norton Industries has collected the following monthly expense data for use in analyzing the behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $2,710 3,010 3,610 4,510 3,210 5,590 Total Machine Hours 350 400 550 640 550 750 Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal pl e.g. 12.250.) Variable cost per machine hour LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Machine Hours 350 400 Month January February March April May June Maintenance Costs $2,710 3,010 3,610 4,510 3,210 5,590 550 640 550 750 Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal pl e.g. 12.250.) Variable cost per machine hour LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Determine the fixed components using the high-low method. (Round answer to 0 decimal places e.g. 2,5 Total fixed costs $ LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS