Tran Company, which was the hightow method to analyze cont behando as determined that while best proget the company od tries con The company's cost and machine her hap data for a fost month of Click the icon to view the Read the requirements Requirement 1. What is the variable its cost per machine hou Let's begin by determining the formula that is used to calculate the variable cost ope) Change in.com Change in volume - Variable con le Round the variable cost to the nearest cent) Using the high-low method, the variable Utilities con per machine hours Data Table log Month Total Cost Machine Hours op 3,400 1,090 January...... $ February .....$ March $ 3,710 1,130 3,388 1,030 April $ 3,770 1,280 May $ 4,300 1,390 June $ .. 4,076 1,460 Print Done 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 Tran Company uses 1,220 machine hours in a month, what will its total costs be? Print Done