Exercise 22-03 a1-a2 The controller of Pharoah Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Machine Hours 320 370 520 670 520 720 Total Maintenance Costs Month January February March April May June $2,710 3,010 3,610 4,510 3,210 5,710 Your answer is incorrect. Try again Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour 5.85 X Your answer is Incorrect. Try again Determine the fixed cost components using the high-low method