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 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 Reynolds Company uses 1,200 machine hours in a month, what will its total costs be