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Exercise 11-5 The controller of Hall 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 $6,770 7,720 10,680 13,822 9,100 14,060 Total Machine Hours 6,300 7,200 10,800 14,220 9,000 14,400 Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.) Variable cost per machine hour S LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: APPLIED SKILLS Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.) Fixed costs $