siven the following cost and activity observations for Bounty Company's utilities, use the high-low method...
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Accounting
siven the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per nachine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,057 15,298 April 2,661 9,746 May 2,894 11,981 June 3,517 17,743 Oa. $1.28 b. 50.75 c. 50,11 d. 50.71 Strait Co. manufactures office furniture. During the most productive month of the year, 3,600 desks were manufactured at a total cost of $84,600. In month of lowest production, the company made 1,190 desks at a cost of $60,800. Using the high-low method of cost estimation, total fixed costs are Oa. $23,800 b. $60,800 Oc. $84,600 Od. 549,032
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