The following selected data were taken from the accounting records of the Joy Manufacturing Company. The company uses direct-labor hours as its cost driver for manufacturing overhead costs.

Direct Labor hours Manufacturing Overhead

January 26,000 749,250

February 25,000 720,000

March 28,000 772,500

April 23,000 681,000

May 30,000 775,500

June 34,000 879,000

Required:

Using thehigh-low method, determine the monthly fixed portion and the variable cost per direct-labor hour of manufacturing overhead.