Consider the following information for Metis Inc.: Production Total Cost January 1 , 5 0 0 1 , 5 0 0 units

Consider the following information for Metis Inc.:

 

 

Production Total Cost

 

January $1,500$ units $$41,600$

 

February $1,70055,900$

 

March $2,00046,400$

 

April $3,00067,000$

 

May $2,10049,800$

 

 

Compute the variable cost per unit using the high$-$low method of cost estimation.