Question 1 The following information is available for a company's maintenance cost for the rst six months. Using the high-low method, estimate both the xed and variable components of its maintenance cost. I Distance Maintenance Month Travelled Cost (5) (km) Jan 180,000 14,000 Feb 185,000 13,800 Mar 125 ,000 1 1 ,000 Apr 120,000 9,900 May 1 10,000 9, 500 Jun 95,000 9,300 (a) Using the high-low method, determine the fixed and variable components of its maintenance cost. (b) Using the answer from Part (a), estimate the maintenance cost for a month in which the distance travelled is 100,000 km