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The management of Harrigill Corporation would like to have a better understanding of the behavior of its inspection costs. The company has provided the following

The management of Harrigill Corporation would like to have a better understanding of the behavior of its inspection costs. The company has provided the following data:

Direct Labor-Hours Inspection Cost
March 5,708 $ 55,200
April 5,698 $ 55,083
May 5,737 $ 55,133
June 5,731 $ 55,018
July 5,691 $ 54,804
August 5,650 $ 54,579
September 5,748 $ 55,594
October 5,696 $ 55,094
November 5,284 $ 52,900

Management believes that inspection cost is a mixed cost that depends on direct labor-hours.

Required:

Estimate the variable cost per direct labor-hour and the fixed cost per month using the high-low method.(Do not round intermediate calculations. Round your final answers to two decimal places.)

Variable cost per direct labor-hour $
Fixed cost per month $

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