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The controller of Sandhill Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs Total Maintenance Costs

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The controller of Sandhill Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs Total Maintenance Costs Total Machine Hours Month January $ 2,670 2,850 February 3,250 4,050 March 3,900 6,150 April 4,540 8,050 May 3.470 5,400 June 5,112 8,400 Determine the variable-cost component using the high-low method. (Round answer to 2 decimal places eg. 12.25.) Variable cost $ per machine hour eTextbook and Media Determine the hxed cost component using the high-low method. Fixed cost $ eTextbook and Media

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