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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 Month January February

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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 Month January February March April Total Maintenance Costs $2.930 3,230 3,830 4.730 3,430 5,840 Total Machine Hours 350 400 550 640 550 750 May June Your answer is incorrect Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal places eg. 12.250.) Variable cost per machine hour $ 7.97 e Textbook and Media * Your answer is incorrect. Determine the fixed cost components using the high-low method. (Round answer to decimal places eg. 2,520.) Total fixed costs $ 137.5 eTextbook and Media

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