Data table Month es Total Cost Machine Hours 3,460 1,090 is January......$ February ..... $ 3,760 1,140 March $ 3,768 1,080 ... April .. $ 3,700 1,240 May $ 4,300 1,360 June $ 4,508 . 1,480 C Print Done Jackson 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 Requiremont 1. What is tho variable utilities cost per machine hour? Let's begin by determining the formula that is used to calculate the variable cost (slope), = Variable cost (slope)