11. The following machine hours used and the relevant costs for a 6 month period is given to you: Month Machine Hours Total costs January February March April 8,250 8,300 8,450 8,050 8,100 8,350 $26,000 $26,200 $26,700 $25,600 $25,900 $25,400 May June Determine the foxed and variable costs incurred by the firm. Determine the projected total costs for July with an expected activity level of 8,500 machine hours