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 $3,140       15,134       April 2,606       10,115       May 2,803       11,896       June 3,889       18,146       a.$0.16 b.$1.12 c.$1.08 d.$1.60

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