Maintenance expenses of a company are to be analyzed for purposes of constructing a flexible budget E past records disclosed the following costs and volume measures: xamination of Highest Lowest Cost per month $88,000 $67,000 99,000 63,000 Machine hours Using the high-low-point method of analysis, the estimated variable cost per machine hour is: Multiple Choice $0.58 $0.88 o $0.58 $0.88 $0.38 $1.08 $0.28