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The following information is available for a companys maintenance cost over the last seven months. Month Maintenance Hours Maintenance Cost June 11 $ 4,510 July

The following information is available for a companys maintenance cost over the last seven months.

Month Maintenance Hours Maintenance Cost
June 11 $ 4,510
July 17 5,950
August 13 4,990
September 16 5,710
October 22 7,150
November 25 7,870
December 7 3,550

Using the high-low method, estimate both the fixed and variable components of its maintenance cost.

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