(Answered) Given the following cost and activity observations for

Accounting

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

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