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The following information is available for electricity costs for the last six months of the year: Month Production Volume Electricity Costs February 1,000 $1,700 March

The following information is available for electricity costs for the last six months of the year:

Month Production Volume Electricity Costs
February 1,000 $1,700
March 2,200 4,000
April 2,000 3,200
May 1,630 3,100
June 1,240 2,600
July 1,340 3,020

Using the high-low method, what is the estimated variable cost per unit of production? (Round your answer to two decimal places.)

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