The accountant of Venus Health Products, LLC, has compiled the following information about the direct labor hours and the indirect labor costs for each month of 20X1:

Month	Direct Labor Hours		Indirect Labor Costs
January		2,000			$	7,260
February		1,700				6,800
March		2,450				7,960
April		2,600				8,200
May		3,380				9,572
June		3,200				9,180
July		3,200				9,370
August		3,000				9,030
September		2,760				8,630
October		2,900				8,870
November		2,800				8,700
December		2,200				7,700

Required:

1. Compute the monthly variable costs and the fixed costs per hour, using the high-low point method.
2. Compute the estimated total indirect labor cost if 2,700 hours of direct labor are employed during a month.

Analyze: What percentage of total costs for May is attributable to variable costs?