Lichtenstein Imports needs to determine the variable utilities rate per machine hour in order to estimate cost for August. Relevant information is as follows.

Month	Machine Hours Worked				Utilities Cost
April		5,950				10,360
May		5,800				10,240
June		8,100				12,325
July		10,200				14,600

Lichtenstein anticipates producing 6,600 units in August, each unit requiring 2.5 hours of machine time. The company uses the high-low method to analyze costs. Required: A. Calculate the variable and fixed components of the utilities cost. B. Using the data calculated above, estimate the utilities cost for August. For all requirements, round "variable cost per hour" to 2 decimal places and final answers to the nearest dollar amount.