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Business, 07.04.2020 16:01 Levantine2643

The controller of Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,880 330 February 3,180 380 March 3,780 530 April 4,680 660 May 3,380 530 June 5,520 730 (a1) Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e. g. 2.25.) Variable cost per machine hour $enter the variable cost per machine hour in dollars rounded to 2 decimal places

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