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The following information is available for a company's maintenance cost over the last seven months. MonthMaintenance HoursMaintenance CostJune9$3,710July185,240August124,220September154,730October215,750November246,260December63,200 Using the high-low method, estimate both the

The following information is available for a company's maintenance cost over the last seven months.

MonthMaintenance HoursMaintenance CostJune9$3,710July185,240August124,220September154,730October215,750November246,260December63,200

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

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