Santo Manufacturing makes small trailers. The company's controller has recorded total overhead costs for an eight month period. To help him understand how costs behave in the company's manufacturing process he wants to separate fixed from variable costs. Data for the past eight months are as follows: Month January Overhead Cost $1,740 February $1,841 March $2,016 Machine Hours 12,739 13,617 15,139 April $2,292 17,287 I May $2,265 17,304 June $1,980 14,826 July $1,785 13,130 August Required (round to 2 decimal places): $1,590 1. 2 3. 11,435 Using the high low method, calculate the fixed cost component of overhead and the variable rate per machine. hour. Estimate the expected cost for overhead in September assuming that 11,900 hours of machine hours are used in the month Give one specific example of a cost that might be included in the variable cost you calculated above