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Month Volume of Production (Number of Loaves) Equipment Maintenance Costs June 491,000 $7,037 July 409,000 $6,073 August 324,000 $5,073 September 109,000 $2,545 October 535,000 $7,555

MonthVolume of Production (Number of Loaves)Equipment Maintenance Costs
June491,000$7,037
July409,000$6,073
August324,000$5,073
September109,000$2,545
October535,000$7,555
November310,000$4,909


Do not enter dollar signs or commas in the input boxes.

a) Calculate the variable rate for the equipment maintenance cost.
Round your answer to 5 decimal places.

Variable Cost per Unit: $Answer

b) Calculate the fixed portion of the equipment maintenance cost.
Round your answer to the nearest whole number.

Fixed Cost: $Answer

c) Assume that 420,000 loaves is the budgeted production level for November. Using the results of the high-low method in parts a) and b), what is the expected total equipment maintenance cost for November?
Round your answer to 2 decimal places.

Expected total equipment maintenance cost for November

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