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Question - Given the following cost and activity observations for Bounty Company's utilities, use the highlow method to calculate Bounty' variable utilities costs per machine hour. Round your answer to the nearest cent.
Cost
Machine Hours
March
$3,100
15,000
April
2,700
10,000
May
2,900
12,000
June
3,600
18,000
$10.00
$0.67
$0.63
$0.11
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