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Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate 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 calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent. Cost Machine Hours March $3,054 15,026 April 2,632 10,376 May 2,847 11,825 June 3,729 18,076 a. $0.81 b. $0.14 c. $0.85 d. $1.71
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