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Platinum, Co. operates a chain of fitness centers in Kuwait. The cost analyst is trying to determine the firm's equipment maintenance costs. Hours of maintenance

Platinum, Co. operates a chain of fitness centers in Kuwait. The cost analyst is trying to determine the firm's equipment maintenance costs. Hours of maintenance Service (x) Maintenance Costs (Y) January 643 1721 February 702 1800 March 870 2050 April 640 1700 May 534 1454 June 420 1420 Use the high-low method to estimate the variable costs per hour of maintenance service, and the total fixed costs. Required: Explain all your steps / calculations details in the box below, or upload your answers as an attachment. (the grade will be distributed based on each step)

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