Question: In applying the high-low method to the following data set, what is the unit variable cost? $2.25. $2.00. $2.40. Cannot be determined from the information

In applying the high-low method to the following data set, what is the unit variable cost? $2.25. $2.00. $2.40. Cannot be determined from

In applying the high-low method to the following data set, what is the unit variable cost? $2.25. $2.00. $2.40. Cannot be determined from the information given. Coronado reported the following results from the sale of 5000 units in May: sales $300000, variable costs $165000, fixed costs $70000, and net income $65000. Assume that Coronado increases its selling price by 5% on June 1 . How many units will have to be sold in June to maintain the same level of net income? 4750. 5000. 4500. 4725

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