The following information is available for electricity costs for the last six months of the year: $\begin{array}{lll}\text { Month }& \text { Production Volume } &\text { Electricity Costs }\
\text { July } & 1,400 & £ 3,150 \
\text { August } & 2,800 & 5,400 \
\text { September } & 3,200 & 5,700 \
\text { October } & 1,750 & 3,900 \
\text { November } & 1,200 & 2,400 \
\text { December } & 2,100 & 4,050
\end{array}$ Using the high-low method, estimated variable cost per unit of production is
A)£1.26.
B)£1.53.
C)£1.65.
D)£1.77.

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The Answer of The following information is available for electricity costs for the last six months of the year: $\begin{array}{lll}\text { Month }& \text { Production Volume } &\text { Electricity Costs }\
\text { July } & 1,400 & £ 3,150 \
\text { August } & 2,800 & 5,400 \
\text { September } & 3,200 & 5,700 \
\text { October } & 1,750 & 3,900 \
\text { November } & 1,200 & 2,400 \
\text { December } & 2,100 & 4,050
\end{array}$ Using the high-low method, estimated variable cost per unit of production is
A)£1.26.
B)£1.53.
C)£1.65.
D)£1.77.

The Following Information Is Available for Electricity Costs for the Last