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

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Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,050 15,353 April 2,678 9,613 May 2,854 11,575 18,022 June 3,655 Oa. $0.81 Ob. 30.12 Oc. $1.28 Od. $0.77

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