Question: 5. Using the following production/cost data, estimate variable cost per unit using the high-low method Month Production Cost January 2,000 $20,000 February 2,500 $21,000 March

5. Using the following production/cost data, estimate variable cost per unit using the high-low method Month Production Cost January 2,000 $20,000 February 2,500 $21,000 March 3,000 $23,000 April 1,900 $18,500

a. $4.00.

b. $3.70

c. $4.20

d. $4.09

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