Please check my work on the above problem, thank you.

l. High-low method The following information is available regarding the total manufacturing overhead costs of Pa ore. Inc., for five months in 2012 Mig Machine -Hours Overhead Costs February $6,250 6,900 5,000 March $5,375 6,300 $6,025 April $7,975 Ma 9,333 $6,050 June 6,833 (a Using the high-low method, compute the following (1) The variable element of overhead cost per machine-hour: S.60 per machine-hour (2) The fixed element of monthly overhead cost $2,375.20 b Use the cost relationship determined in part a to estimate the total manufacturing overhead costs for July 2012, given that 7,250 machine-hours are scheduled $6,725.20