Arlington Company's highest point of total cost was $61 875 in June. Their point of lowest cost was $52 250 in December. The company makes a single product. Production volume in June was 12 500 units; production volume in December was 7 000 units. How much is the variable cost per unit?
A) $4.95
B) $7.46
C) $1.75
D) $1.05
Correct Answer:
Verified
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