Georgia uses the high-low method of estimating costs. Georgia had total costs of $16,100 at...
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Georgia uses the high-low method of estimating costs. Georgia had total costs of $16,100 at its lowest level of activity, when 5,500 units were sold. When, at its highest level of activity, sales equaled 18,300 units, total costs were $80,100. Georgia would estimate variable cost per unit as:
Multiple Choice
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$5.00
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$2.93
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$4.04
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$4.38
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