​company, which uses the​ high-low method to analyze cost​ behavior, has determined that machine hours best predict the​ company's total utilities cost. the​ company's cost and machine hour usage data for the first six months of the year​ follow: loading...​(click the icon to view the​ data.) read the requirementsloading.... question content area bottom part 1 requirement 1. what is the variable utilities cost per machine​ hour? ​let's begin by determining the formula that is used to calculate the variable cost​ (slope). change in cost ÷ change in volume