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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

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 $3,132 15,395

April 2,614 9,770

May 2,836 12,395

June 3,719 18,130

a.$0.13

b.$0.62

c.$0.66

d.$1.59

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