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

Month	Miles	Total Cost
January	78000	$132000
February	54000	110000
March	68000	128000
April	94000	160000

$1.70.

$1.25.

$2.04.

Cannot be determined from the information given.

A company has a unit contribution margin of $120 and a contribution margin ratio of 30%. What is the unit selling price?

$267.

$36.

$400.

Cannot be determined.

Two costs at Bradshaw Company appear below for specific months of operation.

	Month	Amount	Units Produced
Delivery costs	September	$40,000	40,000
	October	55,000	60,000
Utilities	September	$84,000	40,000
	October	126,000	60,000

Which type of costs are these?

Delivery costs are mixed and utilities are variable.

Delivery costs and utilities are both mixed.

Delivery costs and utilities are both variable.

Utilities are mixed and delivery costs are variable.