The following information is available for a company's maintenance cost over the last seven months. Month Maintenance Hours Maintenance Cost June 10 $ 5,850 July 19 9,000 August 11 6,200 September 14 7,250 October 20 9,350 November 23 10,400 December 5 4,100 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. High-Low method - Calculation of variable cost per maintenance hour 0 Total cost at the high point Variable costs at the high point: Volume at the high point Variable cost per maintenance hour Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per maintenance hour Total variable at the Inw noin High-Low method - Calculation of variable cost per maintenance hour Total cost at the high point Variable costs at the high point: Volume at the high point Variable cost per maintenance hour Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per maintenance hour Total variable costs at the low point Total fixed costs