Question: 1. Use the high-low method to calculate the variable cost per machine hour and 2. 3. Show the equation for determining the total utility cost

1. Use the high-low method to calculate the variable cost per machine hour and 2. 3. Show the equation for determining the total

1. Use the high-low method to calculate the variable cost per machine hour and 2. 3. Show the equation for determining the total utility cost for the machine shop. If Martin anticipates using 1,200 machine hours the shop's total utility bill using the equation from Requirement 2. in January. predict

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