Thomas Train has collected the following information over the last six months
Thomas Train has collected the following information over the last six months.
Month
Units produced
Total costs
March
10,000
$25,600
April
12,000
26,200
May
18,400
29,600
June
13,000
26,450
July
12,000
26,000
August
15,000
26,500
Using the high-low method, what is the variable cost per unit?
Round to two decimal places.
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