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In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 70000 $92000 February 44000 80000 March 60000 88000 April
In applying the high-low method, what is the unit variable cost?
Month | Miles | Total Cost |
January | 70000 | $92000 |
February | 44000 | 80000 |
March | 60000 | 88000 |
April | 84000 | 120000 |
A- $1.43. B- $1.00.
C- $1.82.
D- Cannot be determined from the information given.
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