Required information [The following information applies to the questions displayed below.] Nation's Capital Fitness, Inc. operates a chain of fitness centers in the Washington, D.C., area. The firm's controller is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattern of the firm's equipment maintenance costs must be determined. The accounting staff has suggested the use of the high-low method to develop an equation, In the form of Y = a - bx, for maintenance costs. Data regarding the maintenance hours and costs for last year are as follows: Month January February March April May June July August September October November December Total Average Hours of Maintenance Service 550 470 280 480 330 478 360 420 460 380 380 370 4,95 413 Maintenance Costs $ 4,944 4.210 2,730 4,320 2,970 4,120 3,860 3,510 3,980 3,240 3,170 3, eze $43, 324 $ 3,610 "Rounded 2 Using your answer to requirement (1). what is the variable component of the maintenance cost? (Round your answer to two de places.) Variable maintenance cost per hour