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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 Total Maintenance

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

Month

Total Maintenance Costs

Total Machine Hours

January $2,710 320
February 3,010 370
March 3,610 520
April 4,510 670
May 3,210 520
June 5,740 720

Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal places e.g. 12.250.)

Variable cost per machine hour

$

eTextbook and Media

Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.)

Total fixed costs

$

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