Question: In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 70000 $92000 February 44000 80000 March 60000 88000 April

In applying the high-low method, what is the unit variable cost?

Month Miles Total Cost
January 70000 $92000
February 44000 80000
March 60000 88000
April 84000 120000

A- $1.43. B- $1.00.

C- $1.82.

D- Cannot be determined from the information given.

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