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Exercise 5-3 a1-a2 (Video) The controller of Cullumber Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance

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Exercise 5-3 a1-a2 (Video) The controller of Cullumber Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Machine Hours Month January February March April May June Total intenance Costs $2,760 3,060 3,660 4,560 3,260 5,560 330 380 530 660 530 730 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 5.5 Your answer is incorrect. Try again. Determine the fixed cost components using the high-low method. Total fixed costs 955 Click if you would like to Show Work for this questioni Modify Show Work

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