Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.
A) $10.00
B) $0.67
C) $0.63
D) $0.11

Question

Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.​ 
A) $10.00 
B) $0.67 
C) $0.63 
D) $0.11

Quizplus · Accepted Answer

The Answer of Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.​ 
A) $10.00 
B) $0.67 
C) $0.63 
D) $0.11

Given the Following Cost and Activity Observations for Bounty Company's