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Business, 05.07.2021 19:20 ericka79

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 $3,106 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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