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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 5,650 $ 54,600
April 5,641 $ 54,473
May 5,679 $ 54,575
June 5,673 $ 54,461
July 5,633 $ 54,246
August 5,593 $ 54,028
September 5,690 $ 54,979
October 5,639 $ 54,484
November 5,256 $ 52,493

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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