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Data table Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If Jackson Company uses 1,220 machine hours in a month, what will its total costs be? sle monits of the year follow: (Cick tie ucon to v in w the data.) Pessd the Requiremeot 1. Whut it the vanable usines coet per machine hour? Ler's begn by defemining the formdia that is uned to calculate the variable cost (dope). (Found the variable cost to the nearest cent.) Ueing tha high fow method, the variable utlites cont per mackine hour is Pequirement 2. What is the fixed cost of ulifies each moxer? Lets begin by delemining the formula that is used to calculate the fued cost componest. Usso ere hight-low method. the fixed cost af utites each month is- Requirement 3 . If Jackson Company uses 1,220 machine hours in a month, what will its total costs be? dollar.) The total costs when 1,220 machine hours are used is