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Given the following cost and activity observations for Bounty Company's tistes, 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 tistes, use the high-low method to determine Bounty's variable Utilities cost per machine hour. Round your answer to the nearest cent. Machine Hours 14,585 9,998 Cost March $3,012 April 2,677 May 2,811 June 3,577 a. $1.30 b. $0.65 c. $0.51 d. $0.11 12,026 18,329
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