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In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 90000 $ 202000 February 60000 160000 March 80000 188000

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

Month Miles Total Cost
January 90000 $ 202000
February 60000 160000
March 80000 188000
April 100000 260000

$ 2.60.

$ 2.50.

$ 2.67.

Cannot be determined from the information given.

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