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 $3,016       15,480       April 2,659       10,374       May 2,878       11,831       June 3,587       17,811       a.$0.62 b.$0.12 c.$1.25 d.$0.58

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