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Slonaker Inc. has provided the following data concerning its maintenance costs: Machine-Hours Maintenance Cost April 5,811 $30,391 May 5,794 $30,301 June 5,776 $30,249 July 5,773

Slonaker Inc. has provided the following data concerning its maintenance costs:

Machine-Hours Maintenance Cost
April 5,811 $30,391
May 5,794 $30,301
June 5,776 $30,249
July 5,773 $30,245
August 5,729 $30,090
September 5,807 $30,372
October 5,833 $30,412
November 5,813 $30,390
December 5,797 $30,330

Management believes that maintenance cost is a mixed cost that depends on machine-hours.

Required:

Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method. (Round your "Variable cost" to 2 decimal places. Omit the "$" sign in your response.)

Variable cost per machine-hour $
Fixed cost per month $

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