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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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