Data table 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 1,280 machine hours in a month, what will its total costs be? Smith Company, which uses the high-low method to anayze cost behavior, has determined that machine houra best predict ene corrpanys total weitles eost. The compary's cost and machino hour usage data tor the first sox montha of the year fallow: Cick the loon to view the data) Rosad the tegulerinects. Requirement 1. What is the variable utilles cost per machine houn? Lefs begin by detemining the formula that is used to calaulate the variable cast (slope)