The president and the controller of Toluca Transformer Company (Mexico) have agreed that refinement of the company's cost measurements will aid planning and control decisions. Requirement 1. They have asked you to measure the function for mixed-cost behavior of repairs and maintenance from the sparse data shown on the right. Currency is the Mexican peso (P). Monthly Activity in Machine Hours Monthly Repair and Maintenance Cost P 202,000,000 7,900 11,900 P 272,000,000 First begin by determining the formula for the variable cost per machine hour, then calculate the amount Variable cost per = machine hour