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Handy Hiking produces backpacks. In the previous year, its highest and lowest production levels occurred in July and January, respectively. In July, it produced

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Handy Hiking produces backpacks. In the previous year, its highest and lowest production levels occurred in July and January, respectively. In July, it produced 5,600 backpacks at a total cost of $192,250. In January, it produced 4,100 backpacks at a total cost of $95,500. Using the high/low method, the average variable cost per of producing a backpack was: Multiple Choice $34.33 $130.25 $129.38 $64.50

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