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		$2,660			2,800
February		3,000			4,400
March		3,950			6,400
April		4,520			8,150
May		3,230			5,400
June		5,058			8,250

Determine the variable-cost component using the high-low method. (Round answer to 2 decimal places e.g. 12.25.)

Variable cost

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

per machine hour

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

Fixed cost

$enter the fixed cost in dollars