Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty' variable utilities costs per machine hour. Round your answer to the nearest cent. Cost March April May $3,018 2,628 2,857 3,730 Machine Hours 15,239 9,504 11,534 18,045 June a. $0.86 b. $1.42 c. $0.13 d. $0.90 Strait Co. manufactures office furniture. During the most productive month of the year, 3,000 desks were manufactured at a total cost of $84,900. In the month of lowest production the company made 1,170 desks at a cost of $61,900. Using the high-low method of cost estimation, total fixed costs are a. $84,900 b. $23,000 Oc. $47,190 d. $61,900