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Hardigree Insurance has collected the following information over the last six months. Month Units produced Total costs March 2,000 $6,700 April 3,300 9,400 May 2,200
Hardigree Insurance has collected the following information over the last six months.
Using the high-low method, how much is the variable cost per unit?
| Month | Units produced | Total costs |
| March | 2,000 | $6,700 | |
| April | 3,300 | 9,400 | |
| May | 2,200 | 7,100 | |
| June | 3,000 | 9,500 | |
| July | 2,800 | 8,000 | |
| August | 2,200 | 6,600 |
| A. | $0.50 |
| B. | $1.30 |
| C. | $2.08 |
| D. | $3.05 |
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald Hilton, David Platt
12th edition
1259969517, 1260566390, 978-1260417043
