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The controller of Blossom Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February

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The controller of Blossom Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $3,018 3,429 4,115 4,633 3,658 4,817 Total Machine Hours 4,000 4,572 6,858 9,030 5,715 9,140 Determine the variable-cost components using the high-low method. (Round answer to 2 decimal places eg. 2.25.) Variable cost per machine hour $ e Textbook and Media Determine the fixed cost components using the high-low method. Fixed costs $ e Textbook and Media

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