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In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 72000 $112000 February 40000 90000 March 62000 108000 April

In applying the high-low method, what is the unit variable cost?

Month	Miles	Total Cost
January	72000	$112000
February	40000	90000
March	62000	108000
April	90000	150000

$1.67.

$1.20.

$2.25.

Cannot be determined from the information given.

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