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Given the following cost and activity observations for Bounty Companys utilities, use the high-low method to determine Bountys variable utilities cost per machine hour. Round
Given the following cost and activity observations for Bounty Companys utilities, use the high-low method to determine Bountys variable utilities cost per machine hour. Round to the nearest cent. Cost Machine Hours March $3,128 14,863 April 2,656 9,599 May 2,800 11,938 June 3,617 18,202 a.$0.78 b.$0.11 c.$1.34 d.$0.74
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