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Kirsten's Tennis Shoes occasionally has to rent a equipment in order to complete customer orders....

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Accounting

Kirsten's Tennis Shoes occasionally has to rent a equipment in order to complete customer orders. They are unsure of how these rental costs are effecting the business overall, so they have asked for your assistance in analyzing the company's last six months of equipment rental cost using the high-low method.

Month Operating Hours Rental Cost
January 90 $3,200
February 78 $3,800
March 76 $3,400
April 96 $3,800
May 92 $3,700
June 94 $3,550

Please round final answers to the nearest whole dollar (if applicable) and include appropriate commas and dollar sign (for example $25,000)

1. What is the variable cost per hour to rent the equipment?

2. What is the monthly fixed cost to rent the equipment?

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