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Business, 19.02.2020 04:56 zawnghkawng64361

Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.

Cost
Machine Hours

March $3,106 15,176
April 2,668 9,558
May 2,892 11,947
June 3,538 17,899

a.$0.59
b.$0.63
c.$1.25
d.$0.10

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

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