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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 $3,054 15,346 April 2,652 9,538 May 2,890 11,869 3,826 18,323 a. $0.80 b. $1.47 c. $0.13 d. $0.76 June
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