PLEASE DO ALL PARTS

E6-34A (similar to) Question Help Tran Company, which uses the high-low method to analyze cost behavior, has determined that machine hour best predict the coa s tal cost the many cost and machine hour data for the month of the year Click the icon to view the data) Requirements Using the high-ow method answer the following questions: 1. What is the variables cost per machine hour 2. What is the cost of its each mo? 3. Tran Companys 1.240 machine o n a month what it costs be? Requirement 1. Was the variables comachine hour Let's begin by determining the formula that is used to calculate the variable costsope) Data Table Machine Hours 1,090 1,110 Month Total Cost January ......$ 3,450 February .....$ 3,750 March ....... $ 3,711 April. . . . . . . . 3,790 May . . . . . . . . . $ 4,900 June ...... .$ 4,414 1,060 1,200 1,350 1,440 Print Done Clear All