Problem 2-26A (Algo) Estimating fixed and variable cost LO 2-6 Baird Computer Services, Inc. has been in business for six months. The following are basic operating data for that period: Nov. Dec. Service hours Revenue Operating costs 316 July 114 $5,700 $4,280 Month Sept. Oct. 258 $12,900 $21,500 $ 7,160 $11,180 Aug. 136 56,800 $5,260 $15,800 $ 9,120 332 $16,600 $10,590 Required a. What is the average service revenue per hour in each month and the overall average for the six-month period? b. Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. c. Determine the average contribution margin per hour. Complete this question by entering your answers in the tabs below. Required A Required B Required C What is the average service revenue per hour in each month and the overall average for the six-month period? July Aug Sept. Oct Nov. Dec. Total Average Month Average service revenue per hour Required Baird Computer Services, Inc. has been in business for six months. The following are basic operating data for that period: Dec. July 114 $5,700 $4,280 Service hours Revenue Operating costs Aug. 136 $6,800 $5,260 Month Sept. Oct. 258 430 $12,900 $21,500 $ 7,160 $11,180 332 Nov. 3 16 $15,800 $9,120 $16,600 $19,590 Required a. What is the average service revenue per hour in each month and the overall average for the six-month period? b. Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. . c. Determine the average contribution margin per hour. Complete this question by entering your answers in the tabs below. Required A Required B Required Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. (Do not round Intermediate calculations. Round "Variable cost" to 2 decimal places and "Fixed cost" to nearest whole dollar) Variable cost Fixed cost per hour per month Baird Computer Services, Inc. has been in business for six months. The following are basic operating data for th Service hours Revenue Operating costs July 114 $5,700 $4,280 Aug. 136 $6,800 $5,260 Month Sept. Oct. 258 430 $12,900 $21,500 $ 7,160 $11,180 Nov. 316 $15,800 $9,120 Dec 332 $16,600 $19,590 Required a. What is the average service revenue per hour in each month and the overall average for the six-month period b. Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. c. Determine the average contribution margin per hour. Complete this question by entering your answers in the tabs below. Required A Required B Required Determine the average contribution margin per hour. (Round your answer to 2 decimal places.) Average contribution margin per hour