Question: Please show formula used to get answer. *15. Given the following cost and activity observations for Johnson Company's utilities, use the high-low method to calculate

Please show formula used to get answer.

*15. Given the following cost and activity observations for Johnson Company's utilities, use the high-low method to calculate Johnson's fixed per month. costs Cost Machine Hours April $60551 1139 May $84209 1893 June $98927 2488 Using the high-low method, determine the variable cost per unit, and the total fixed costs. Page 5

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