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The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Total Machine
The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Total Machine Maintenance Costs Month Hours $2817 January 3734 4268 February 3201 3841 6402 March April 8429 4801 3414 May 5335 4930 June 8536 (a1) Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places eg. 12.25.) $ Variable cost per machine hour Determine the fixed cost components using the high-low method. (Round answer to o declmal placos o.g. 2,520.) Fixed costs
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