QS 18-3 Gost behavior estimation-high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 100 $ 5,250 July 190 7,860 August 110 5,540 September 140 6,410 October 8,150 November 230 9,020 December 50 3,800 200 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. Using the high-ow method, estimate both the fixed and variable components of its maintenance cost. High-Low method - Calculation of variable cost per maintenance hour Cost at high point minus cost at low point $ 5,220 Variable cost per unit produced Volume at high point minus volume at low point 180 $ Change in cost Change in volume 29.00 $ 9,020,00 Total cost at the high point Variable costs at the high point Volume at the high point: Variable cost per unit produced Total variable costs at the high point Total foxed costs 2301 unit 29.00 s Total cost at the low point Variable costs at the low point Volume at the low point: Variable cont per unit produced Total variable costs at the low point Total fixed costs