Question: Question Content Area Given the following cost and activity observations for Bounty Companys utilities, use the high-low method to determine Bountys variable utilities cost per

  1. Question Content Area

    Given the following cost and activity observations for Bounty Companys utilities, use the high-low method to determine Bountys variable utilities cost per machine hour. Round to the nearest cent.

    Cost Machine Hours
    March $3,071 15,216
    April 2,667 9,512
    May 2,827 12,473
    June 3,646 17,875

    a.$0.66

    b.$1.17

    c.$0.70

    d.$0.12

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