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19 Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour.

Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.

	Cost	Machine Hours
March	$3,074	14,771
April	2,628	9,687
May	2,852	11,937
June	3,608	18,398

a.$0.64

b.$0.11

c.$0.68

d.$1.13

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