PRINTER VERSION BACE Question 10 The controller of Furgee Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs. Total Maintenance Total Month Costs Machine Hours January $1,700 200 February 2,250 250 March 3,000 400 April 4,090 590 May 2,500 300 June 4,500 600 Determine the variable cost component using the high-low method. Variable cost per machine hour $ Determine the fixed cost component using the high-low method. Fixed costs Question 10 The controller of Furgee Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs. Total Machine Hours 200 250 Month January February March April May June Total Maintenance Costs $1,700 2,250 3,000 4,090 2,500 4,500 400 590 300 600 Determine the variable cost component using the high-low method. ly Variable cost per machine hour $ Determine the fixed cost component using the high-low method. Fixed costs