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In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 88000 $192000 February 54000 120000 March 80000 168000 April

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 88000 $192000 February 54000 120000 March 80000 168000 April 94000 200000

$2.13.

$2.00.

$2.22. Cannot be determined from the information given.

Reducing reliance on human workers and instead investing heavily in computers and online technology will

reduce variable costs and increase fixed costs.

have no effect on the relative proportion of fixed and variable costs.

make the company less susceptible to economic swings.

reduce fixed costs and increase variable costs.

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