Same question, different sections. Please show work.

Problem 6-38 High-Low Method; Fitness Centers (LO 6-1, 6-2, 6-5) [The following information applies to the questions displayed below.) Nation's Capital Fitness, Inc., operates a chain of fitness centers in the Washington, D.C., area. The firm's controller is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattern of the firm's equipment maintenance costs must be determined. The accounting staff has suggested the use of the high-low method to develop an equation, in the form of Y= a + bx, for maintenance costs. Data regarding the maintenance hours and costs for last year are as follows: Month January February March April May June July August September October November December Total Average Hours of Maintenance Service 540 450 290 470 360 430 350 410 490 370 350 340 4,850 Maintenance Costs $ 5,060 4,190 2,760 4,300 2,980 4,130 3,000 3,550 4,000 3,240 3, 220 3,090 $43,520 404* $ 3,627* *Rounded Problem 6-38 Part 1 Required: 1. Using the high-low method of cost estimation, estimate the behavior of the maintenance costs incurred by Nation's Capital Fitness, Inc. Express the cost behavior pattern in equation form. (Round coefficient of X to 2 decimal places and other answer to the nearest whole dollar amount.) Monthly maintenance cost = Required information Problem 6-38 High-Low Method; Fitness Centers (LO 6-1, 6-2, 6-5) (The following information applies to the questions displayed below.) Nation's Capital Fitness, Inc., operates a chain of fitness centers in the Washington, D.C., area. The firm's controller is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattern of the firm's equipment maintenance costs must be determined. The accounting staff has suggested the use of the high-low method to develop an equation, in the form of Y= a + bx, for maintenance costs. Data regarding the maintenance hours and costs for last year are as follows: Month January February March April May June July August September October November December Total Average Hours of Maintenance Service 540 450 290 470 360 430 350 410 490 370 350 340 Maintenance Costs $ 5,060 4,190 2,760 4,300 2,980 4,130 3,000 3,550 4,000 3,240 4,850 3,090 $43,520 $ 3,627* 404* *Rounded Problem 6-38 Part 2 2. Using your answer to requirement 1, what is the variable component of the maintenance cost? (Round your answer to 2 decimal places.) Variable maintenance cost per hour Required information Problem 6-38 High-Low Method; Fitness Centers (LO 6-1, 6-2, 6-5) (The following information applies to the questions displayed below.) Nation's Capital Fitness, Inc., operates a chain of fitness centers in the Washington, D.C., area. The firm's controller is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattern of the firm's equipment maintenance costs must be determined. The accounting staff has suggested the use of the high-low method to develop an equation, in the form of Y= a + bx, for maintenance costs. Data regarding the maintenance hours and costs for last year are as follows: Month January February March April May June July August September October November December Hours of Maintenance Service 540 450 290 470 360 430 350 410 490 370 350 340 4,850 Maintenance Costs $ 5,060 4,190 2,760 4,300 2,980 4,130 3,000 3,550 4,000 3,240 3, 220 3,090 $43,520 $ 3,627* Total Average 404 *Rounded Problem 6-38 Part 3 3. Compute the predicted maintenance cost at 620 hours of activity. Maintenance cost Required information Problem 6-38 High-Low Method; Fitness Centers (LO 6-1, 6-2, 6-5) [The following information applies to the questions displayed below.] Nation's Capital Fitness, Inc., operates a chain of fitness centers in the Washington, D.C., area. The firm's controller is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattern of the firm's equipment maintenance costs must be determined. The accounting staff has suggested the use of the high-low method to develop an equation, in the form of Y= a + bx, for maintenance costs. Data regarding the maintenance hours and costs for last year are as follows: Hours of Maintenance Service 540 Month January February March April May June July August September October November December Total Average 450 290 470 360 430 350 410 490 370 350 340 4,850 Maintenance Costs $ 5,060 4,190 2,760 4,300 2,980 4,130 3,000 3,550 4,000 3,240 3, 220 3,090 $43,520 404* $ 3,627* *Rounded Problem 6-38 Part 4 4-a. Compute the variable cost per hour and the fixed cost per hour at 630 hours of activity. (Round your answers to 2 decimal places.) Variable cost per hour Fixed cost per hour