Question 2 Electrical costs at one of R Company's factories are listed below: March April May June July Machine-Hours 413 506 435 486 499 Electrical Cost $7,368 $7,740 $7,447 $7,660 $7,704 Required: a. Using the High-Low method, calculate: ii. The company's variable cost per machine hour. The company's monthly fixed costs. b. If the company anticipates 525 work hours in A, what would be the total electrical cost?