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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 $3,117 15,058 April 2,632 9,555 May 2,880 12,037 June 3,663 18,315 a. $0.82 b. $0.78 c. $1.18 d. $0.12

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