Question: Question 3 Smile Inc. has provided the following data concerning its maintenance costs: Machine Hours Maintenance Cost April 5,799 $30,379 May 5,782 $30,289 June

Question 3 Smile Inc. has provided the following data concerning its maintenance costs: Machine Hours Maintenance Cost April 5,799 $30,379 May 5,782 $30,289 June 5,764 $30,237 July 5,761 $30,233 August 5,717 $30,078 September 5,795 $30,360 October 5,809 $30,388 November 5,801 $30,378 December 5,785 $30,318 15 pts Required: 1. Using the high-low method analysis find a) the variable cost per unit b) the fixed costs and 3) create the cost formula. Show your work! 2. Using the results above, calculate the total budgeted cost for machine hours next month assuming that 640 machine hours are budgeted? Show your work!

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