Coughin Company, which uses the highHow method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cout. The company's cost and machine hour usage data for the first six months of the year follow (Click the icon to view the data) Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? Data Table 2. What is the forced cost of utilities each month? 2. If Coughlin Company uses 1.280 machine hours in a month, what will its total costs be? Month Total Cost Machine Hours Requirement 1. What is the variable les cost per machine hour? January 5 3,460 Let's begin by determining the formula that is used to calculate the variable cost (slope) February 3.750 1,120 - Variable cost (slope) March 3,388 1.030 April 3,770 1.210 (Round the variable cost to the nearest cont.) May 4.000 1.360 Using the high-low method, the variable utilities cout per machine hour is $ June 4,076 1,460 Requirement 2. What is the feed cost of its each month? Print Let's begin by determining the formula that is used to calculate the fixed cost component Done Fixed cost 1,070 $ $ 5 $ Using the high-low method, the feed cost of its each month is $ Requirement 3. Coughlin Company uses 1,280 machine hours in a month, what wil its total costs be? (Round the variable cost per un to two decimal places and round your total com calculation to the nearest whole dollar) The total costs when 1.280 machine hours are used in 5