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Logan, Riley, and Parker Frank own Frank Family Farm, a seed company specializing in seed corn. At their weekly meeting they tried to calculate the
Logan, Riley, and Parker Frank own Frank Family Farm, a seed company specializing in seed corn. At their weekly meeting they tried to calculate the portion of the farm's overhead expenses that is fixed
and the portion that is variable. Over the past twelve months, the number of bushels of seed corn that has been sold reached its peak in May, when the total monthly overhead costs totaled $ for
bushels of seed corn sold. The lowest number of bushels sold in the last twelve months occurred in December, when total overhead costs were $ for bushels sold. What was the
variable cost per yard? Round the final answer to the nearest cent.
A $
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