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The following data pertain to activity and utilities costs for two recent years: Activity Level in Units Utilities Cost Year 2 12,000 $15,000 Year 1

The following data pertain to activity and utilities costs for two recent years: Activity Level in Units Utilities Cost Year 2 12,000 $15,000 Year 1 8,000 $12,000 Using the high-low method, what is the variable cost per unit for utilities? Multiple Choice $1.33 per unit. $0.75 per unit. $1.25 per unit. $1.50 per unit

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