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

Month		Total Maintenance Costs			Total Machine Hours
January		$3,041			4,032
February		3,456			4,608
March		4,147			6,912
April		5,184			9,101
May		3,686			5,760
June		5,633			9,216

(a1)

Determine the unit variable costs using the high-low method for this mixed cost. (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

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(a2)

Determine the fixed costs using the high-low method for this mixed cost.

Fixed costs

$enter the fixed costs in dollars

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