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Questions 6 and 7 are based on the following information: You are given information about...

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Questions 6 and 7 are based on the following information: You are given information about the operating costs for Yogney Industries, which is a mixed cost: Month Distance (KM) 10,800 12,300 January February March April Operating costs $ 8,460 8,680 7,940 $ 8,310 8,830 May June 9,600 11,000 12,100 10,400 9,000 8,600 July August $ $ 8,420 7,880 7,680 Question 6) Based on the above information and using the high-low method, what is the variable cost component of Yogney's Operating Costs? A) $0.32 per kilometre B) $3.08 per kilometre C) $0.27 per kilometre D) $3.70 per kilometre E) $1.43 per kilometre

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