Question: In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 80000 $152000 February 54000 120000 March 72000 128000 April
In applying the high-low method, what is the unit variable cost?
| Month | Miles | Total Cost |
|---|---|---|
| January | 80000 | $152000 |
| February | 54000 | 120000 |
| March | 72000 | 128000 |
| April | 86000 | 180000 |
$2.09
$1.88
$2.22
Cannot be determined from the information given
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
