Question 5 The controller of Furgee Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs. Total Maintenance Costs Total Machine Hours Month 300 350 January February March April 500 $4,050 4,850 6,350 8,390 5,350 8,850 690 May 400 June 700 (a1) Determine the variable cost component using the high-low method. Variable cost per machine hour $ Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. Maintenance Costs Month Total Machine Hours $4,050 300 350 500 January February March April May June 4,850 6,350 8,390 5,350 8,850 690 400 700 (a1) Your answer is correct. Determine the variable cost component using the high-low method. Variable cost per machine ho 12 SHOW SOLUTION LINK TO TEXT Attempts: 1 of 3 used (a2) Determine the fixed cost component using the high-low method. Fixed costs Attempts: 0 of 3 used