Month Cost Machine Hours January $ 5,090 660 February 3,672 460 March 4,450 590 April 3,327 360 May 5,215 690 June 3,390 450 July 3,655 430 August 5,355 700 September 5,112 660 October 4,884 570 November 3,934 430 December 3,990 480 Sum $ 52,074 6,480 Average $ 4,339.50 540.00 Average cost per hour ($52,074/6,480) = $8.04 r = 0.96473 +2 = 0.93070 Average cost per hour ($52,074/6,480) = $8.04 r = 0.96473 2 = 0.93070 Using the high-low method, total monthly fixed cost is calculated to be: (Do not round intermediate calculati answer to the nearest dollar.)