Score: 0 of 1 pt 2 of 5 (4.com HW Score: 68.89%, 6.89 of 10 pts S20-3 (similar to) Assigned Media Question Help Michawis a machine shop in reviewing the shop's bilis for the past 12 months, he found that the host of $2.700 occurred in August when the machines 1.500 machine hous. The castity $2.500 din December when the machines worked 1.000 machine hours Read the Requirements. Use the high low method to calculate the varios per machine hour and the feed it out Fi, vrate per me how Select the formula wela then the short and compute the cost per mache fout Uhin low method and you to nero CAN) Choose from anywhere Check 5. Check Arew Eiable cost per machine hour and the total fixed utility cost. e formula labels, then enter the amounts and compute the variable cost per machine hour. (Use the high-low me 0 Requirements x 1. Use the high-low method to calculate the variable cost per machine hour and the total fixed utility cost. 2. Show the equation for determining the total utility cost for the machine shop. 3. If Michael anticipates using 1,200 machine hours in January, predict the shop's total utility bill using the equation from Requirement 2 Print Done