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In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 74000 $ 112000 February 50000 100000 March 64000 108000

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

Month	Miles	Total Cost
January	74000	$ 112000
February	50000	100000
March	64000	108000
April	90000	150000

$ 1.67.

$ 1.25.

$ 2.00.

Cannot be determined from the information given.

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