Points: 0 of 1 O S 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 mach 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 vanable utities 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 (Round the variable cost to the nearest cent.) Variable cost (slope) Using the high-low method, the variable utilities cost per machine hour is Requirement 2. What is the foxed cost of utilities each month? Let's begin by determining the formula that is used to calculate the fixed cost gomponent Total utilities cost Total variable cost Fixed cost Data table Month Total Cost Machine Hours January... S 3,470 1,090 February... 3,780 1,180) March $ 3,467 1,010 April $ 3,700 1.210 May June 4,300 1,380 $ 4.232 1,460 Print Done Using the high-low method, the fixed cost of utilities each month is Requirement 3. If Jackson Company uses 1230 MHrs in a month, what will its total costs be? (Round the variable cost per unit to two decimal places and round your total costs calcula to the nearest whole dollar.) The total costs when 1230 machine hours are used is