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The controller of Cullumber Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance

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

Month

Total Maintenance Costs

Total Machine Hours

January $2,630 340
February 2,930 390
March 3,530 540
April 4,430 650
May 3,130 540
June 5,030 740

Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.)

Variable cost per machine hour

$enter the variable cost per machine hour in dollars rounded to 2 decimal places

Determine the fixed cost components using the high-low method.

Total fixed costs

$enter the total fixed costs in dollars

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