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QUESTION 20 The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales

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QUESTION 20 The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 700 $34,000 February 900 $36,500 March 1,500 $45,000 April 2,300 $60,000 Using the high-low method, the estimated variable cost of sales per unit sold is: $15.00per unit $17.00 per unit $20.00 per units $16.25 per unit $16.00 per unit 4 points Save Answer

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