Lab Topic Chapter 6 Mel owns a machine shop. Below is a list of his utility bills for the past 12 months. Month Total Utility Bill January $2,350 February $2,440 March $2,500 April $2,410 May $2,625 June $2,480 July $2,520 August $2,600 September $2,525 October $2,490 November $2,275 December $2,300 Number of Machine Hours 975 1,100 1,200 1,050 1,395 1,165 1,260 1,400 1,330 1,175 925 900 Requirements: Be sure to show all work to arrive at the answers below and include text labels for items in your calculations so it is clear what you did. 1. Calculate the variable rate per machine hour and the total fixed utility cost. 2. Show the equation for determining the total utility cost for the machine shop. 3. If Mel anticipates using 1,000 machine hours in January, predict the shop's total utility bill using the equation from Requirement 2