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The controller of Norton Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs Total Machine Hours

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The controller of Norton Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs Total Machine Hours Month January February March April Total Maintenance Costs $2630 2.930 3.530 4430 3.130 5620 340 390 540 650 540 740 May June Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal placeses 12250) Variable cost per machine hour $ e Textbook and Media Determine the fixed cost components using the high-low method. (Round answer to decimal places es 2,520) Total fixed costs

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