hich uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total ut
ilities cost. The company's cost and machine hour usage data for the first six months of the year follow: LOADING...(Click the icon to view the data.) 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 Smith Company uses 1 comma 220 machine hours in a month, what will its total costs be?