Question
In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 80,000 $192,000 February 50,000 160,000 March 70,000 188,000 April
In applying the high-low method, what is the unit variable cost?
Month Miles Total Cost
January 80,000 $192,000
February 50,000 160,000
March 70,000 188,000
April 90,000 260,000
| A. | $2.88 | |
| B. | $2.50 | |
| C. | $3.20 | |
| D. | Cannot be determined from the information given. |
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
