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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 14,534 10,387 11,688 18,059 March $3,037 April 2,622 May 2,838 June 3,636 Oa. $0.89 Ob. $0.13 Oc. $0.93 Od. $1.32
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Auditing Today
Authors: Emile Woolf
3rd Edition
013052168X, 9780130521682
