Question: Question 5 1 points SAVE ANSWER Bound Up Pty Ltd manufactures binding rings. Over the past month, their highest daily output produced 250,000 rings at

Question 5 1 points SAVE ANSWER Bound Up Pty Ltd manufactures binding rings. Over the past month, their highest daily output produced 250,000 rings at a total production cost of $50,000. Their lowest daily output 120,000 rings at a total production cost of $40,000. Using the high-low method, the variable and fixed costs (rounded) would be: Variable: $1.80 per unit, Fixed: $3,767 per day Q Variable: $0.80 per unit, Fixed: $3,767 per day O Variable: $0.08 per unit, Fixed: $30,769 per day Variable: $13.00 per unit, Fixed: $12,000 per day
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