(Answered) Question - the controller of dugan industries has collected

Accounting

Question - The controller of Dugan Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs.

Month	Total Maintenance Costs	Total Machine Hours
January	$2,600	420
February	3,200	520
March	3,800	720
April	4,700	910
May	3,400	620
June	5,300	920

Determine the fixed and variable cost components using the high-low method.

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