3 Utility costs at one of Exercise Corporation's factories are listed below: Machine Hours Utility Cost January 4,711 $34,799 February 4,780 $35,138 March 4,704 $34,762 April 4,768 $35,093 May 4,723 $34,872 June 4,721 $34,840 July 4,759 $35,053 August 4.730 $34,918 September 4,720 $34,834 Required: 1. Using the high-low method analysis find a) the variable cost per unit b) the fixed costs and 3) create the cost formula. Show your work! 2. Using the results above, calculate the total budgeted cost for machine hours next month assuming that 640 machine hours are budgeted? Show your work