Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,200 machine hours, with the following data being available for the first six months of the year: Month January February March April May June Utilities $ 9,500 9,160 9,750 10,160 10,609 9,950 Machine Hours 880 800 890 1,000 1,030 980 The variable utilities cost per machine hour for Barkoff is: Multiple Choice $0.16 ooooo None of the answers is correct