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The following information is available for a companys maintenance cost over the last seven months....

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Accounting

The following information is available for a companys maintenance cost over the last seven months.

MonthUnits ProducedMaintenance CostJune180$ 10,900July36013,800August24010,200September30012,000October42013,800November48016,200December1207,200

Using the high-low method, the variable component of its maintenance cost is:

  1. $30.00 per unit.
  2. $25.00 per unit.
  3. $22.50 per unit.
  4. $16.11 per unit.
  5. $22.00 per unit.

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