Coughlin Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. 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.) Read the requirements. Requirement 1. What is the variable utilities cost per machine hour? Let's begin by determining the formula that is used to calculate the variable cost (slope). Data table = Variable cost (slope) - Month Total Cost Machine Hours January. 3,470 1,080 February 3,760 1,130 March 3,385 1,070 April 3,770 1,230 May 4,100 1,320 June 3,985 1,470 Get more help Print Done ... Requirements - Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If Coughlin Company uses 1,290 machine hours in a month, what will its total costs be? Print Done Clear all Check answer