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Calculate bounty variable utilities costs

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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

Reference no: EM132109001

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