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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 $3,140 2,672 2,853 3,685 14,764 10,002 11,911 18,475 March April May une , $0.68 b. $0.72 c.$1.32 d. $0.12

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