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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

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 $3,049 14,811 April 2,655 10,448 May 2,856 11,531 June 3,763 18,490 Oa. $0.83 Ob. $1.65 Oc. $0.79 Od. $0.14

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