Pebles Caleate My Might Method Please your in the Webster Awers include the will NOT be graded The CW Compted the coup. The commune has process wide you will the foot caufa Moh Total A Marehoud 5.000 1000 7 000 10.000 25.000 4.000 31.000 20.000 October 1. Using the high-low method, calculate variable cost per machine hour and total fixed costs to determine the total cost formula in question 2 below. (10pts) Variable Cost per unit Total Fixed Cost = 2. Using your caleulations above, weilte down the total cost formula for the company's titles 3pt) 3. If next month the company wes 6,500 machine hours, what is the expected total utility cost for the company (pt) Month July August September October Machine hours used 5,000 $ 8,000 $ 7,000 $ 10,000 $ Total cost 25,000 34,000 31,000 40,000 B. Required: Answer the following three questions 1. Using the high-low method, calculate variable cost per machine hour and total fixed costs to determine the total cost formula in question 2 below. (lopts) Variable Cost per unit Total Fixed Costa 2. Using your calculations above, write down the total cost formula for the company's utilities (pte) 3. If next month the company uses 6,500 machine hours, what is the expected total utility cost for the company? (pt)