Question 18 The controller of Gutierrez Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs: Total Machine Total Maintenance Month Costs Hours January $2,740 2,950 February 3,000 4,450 March 3,800 6,400 April 4,550 8,300 May 3,440 5,300 June 5,872 8,350 Determine the variable-cost component using the high-low method. (Round answer to 2 decimal places e.g. 12.25.) Variable cost per machine hour LIME TO TEXT Determine the fixed cost component using the high-low method. Fixed cost