Use the following information to answer the questions. Month Machine Hours January Electricity Costs 4, 260 $ 15, 082 February 3,650 $ 14, 112 March 3,160 $13, 272 April 2 , 150 $ 9,030 May 2, 260 $ 9,492 June 1 , 450 $ 6, 090 July 3, 180 $ 13, 356 August 3,750 $14, 532 September 2, 220 $ 9,324 October 1, 580 $ 6, 636 November 1, 690 $ 7, 098 December 2,750 $ 11, 550 Required: 1. Estimate the fixed cost of electricity per month and the variable cost of electricity per machine hour using the high-low method. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) Variable cost of electricity per machine hour Fixed cost of electricity per month