Given the following cost and activity observations for Bounty Company's utilities, use the high-low method...

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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 hout Round your answer to the nearest cent. Cost Machine Hours 15,348 9,942 March $3,023 April 2,671 May 2,900 June 3,591 11,955 18,496 30.11 b. 50 50 c. 51.08 d. 3054

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