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Given the following cost and activity observations for Bounty Companys utilities, use the highlow method to calculate Bounty variable utilities costs per machine hour. Round

Given the following cost and activity observations for Bounty Companys utilities, use the highlow method to calculate Bounty variable utilities costs per machine hour. Round your answer to the nearest cent.

Cost

Machine Hours

March

$3,100

15,000

April

2,700

10,000

May

2,900

12,000

June

3,600

18,000

$10.00

$0.67

$0.63

$0.11

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