Question 19

The controller of Sunland industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $2,590 2,890 3,490 4,390 3.090 5,470 Total Machine Hours 330 380 530 660 530 730 Determine the variable cost components using the high-low method. (Round answer to 2 decimal places eg. 2.25.) Variable cost per machine hour $ eTextbook and Media Determine the fixed cost components using the high-low method. Total fixed costs $