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X Company uses the high-low method to predict maintenance costs each month, with maintenance hours as the activity measure. The following past monthly cost and

X Company uses the high-low method to predict maintenance costs each month, with maintenance hours as the activity measure. The following past monthly cost and activity information is available:

Month Cost Hours
May $6,712 1,450
June $11,553 3,800
July $14,231 5,100
August $11,965 4,000

If maintenance hours in October are expected to be $3,550, what are total fixed maintenance costs expected to be (round unit costs to the nearest cent)?

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