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 $3,042       15,473       April 2,687       9,834       May 2,869       11,801       June 3,639       17,923       a.$0.55 b.$0.59 c.$1.29 d.$0.12

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