et's begin by determining the formula that is used to calculate the variable cost (slope). Data table Round the variable cost to the nearest cent.) Jsing the high-low method, the variable utilities cost per machine hour is Requirement 2. What is the fixed cost of utilities each month? et's begin by determining the formula that is used to calculate the fixed cost component. Jsing the high-low method, the fixed cost of utilities each month is Requirement 3. If Battle Company uses 1,290 machine hours in a month, what will its total costs be? (Round the variable cost per unit to two decimal The total costs when 1,290 machine hours are used is