Hardigree Insurance Has Collected the Following Information Over the Last

question 11

Multiple Choice

Hardigree Insurance has collected the following information over the last six months. $$\begin{array} { c c c } \text { Month } & \text { Units produced } & \text { Total costs } \\\text { March } & 2,000 & \$ 6,700 \\\text { April } & 3,200 & 9,400 \\\text { May } & 2,200 & 7,100 \\\text { June } & 3,000 & 9,500 \\\text { July } & 2,800 & 8,000 \\\text { August } & 2,100 & 6,600\end{array}$$ Using the high-low method, how much is the variable cost per unit?

• A) $2.25
• B) $2.55
• C) $2.80
• D) $3.14

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