The controller of Ivanhoe Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs: Month Total Maintenance Costs Total Machine Hours January $2,750 2,950 February 3,050 4,250 March 3,950 6,300 April 4,540 8,200 May 3,560 5,450 June 5,882 8,350 Determine the variable-cost component using the high-low method. (Round answer to 2 decimal places eg. 12.25) Variable cost $ 58 per machine hour eTextbook and Media Determine the fixed cost component using the high-low method. Fixed cost