Homework: Chapter 6 Homework (required) con 0 29 of 1 pt 481014.com HW Score: 31.95%, 3.19 of 10 Question Help machine hour best prodid the company's is cool. The company's cost and machine how a date for the first six months of the year %E6-34A (similar to) Jason Company, which the method to co v ias de blow Click the icon to view the data) Requirements Using the higheted, hollowing u s 1. What is the machine hurt 2. What is the cost of each month 1 Jackson Gom e s machine in a month what wil l be Requirement. What is the ashegin by determining the form scope machine hour that is used to calculate the wariable coule ned that machine hours best predict the company's total utilities cost. i Data Table Month Total Cost January .....$ 3,450 February.... $ 3,760 March 3,574 April ... 3,720 May 4,200 June 4.294 Machine Hours 1,090 1,140 1,030 1,200 1,330 1,430 Print Done 2) E6-34A (similar to) Jackson Company, which uses the high-low method to analyze cost behavior, has detem 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? 2. What is the fixed cost of utilities each month? 3. If Jackson Company uses 1,210 machine hours in a month, what will its total costs 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). Change in cost Change in volume Variable cost (slope) (Round the variable cost to the nearest cent.) Using the high-low method, the variable utilities cost per machine hour is $ Enter any number in the edit fields and then click Check Answer 3 parts