Question: The table below provides machine usage and total machine costs for a company for the last 12 months. Month Machine Hours Total Costs January

The table below provides machine usage and total machine costs for a company for the last 12 months. Month Machine Hours Total Costs January 373 $298,400 February 484 $387,200 March 434 $347,200 April 840 $672,000 May 775 $620,000 June 568 $454,400 July 383 $306,400 August 960 $768,000 September 796 $636,800 October 929 $743,200 November 730 $584,000 December 206 $165,006 Analyze the machine costs using the high-low method. 1. Calculate the variable cost per hour (rounded to nearest dollar). (3 marks) Number

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