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Willco Inc. manufactures electronic parts. They are analyzing their monthly maintenance costs to determine the best way to budget these costs in the future. They

Willco Inc. manufactures electronic parts. They are analyzing their monthly maintenance costs to determine the best way to budget these costs in the future. They have collected the following data for the last six months.

Month Machine Hours Maintenance Costs
January 106,500 $215,000
February 142,000 261,500
March 131,000 227,400
April 127,400 243,000
May 148,800 261,000
June 124,250 205,600

Using the high-low method and the Willco data, calculate the variable maintenance cost per machine hour (round to three decimal places).

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