Presented Below Is the Production Data for the First Six

question 152

Multiple Choice

Presented below is the production data for the first six months of the year showing the mixed costs incurred by Euclid Company. $$\begin{array} { l l r } \text { Month } & \text { Cost } & \text { Units } \\\text { January } & \$ 7,500 & 4,000 \\\text { February } & 13,000 & 7,500 \\\text { March } & 11,500 & 9,000 \\\text { April } & 11,700 & 11,500 \\\text { May } & 13,500 & 12,000 \\\text { June } & 11,850 & 6,000\end{array}$$ Euclid Company uses the high?low method to analyze mixed costs.The variable cost per unit is_____.

• A)$1.25
• B)$0.75
• C)$1.31
• D)$0.132

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Definitions:

GEO

An abbreviation for Geostationary Orbit, a circular orbit 35,786 kilometers above the Earth's equator and following the direction of the Earth's rotation.

LEO

Low Earth Orbit, a satellite system orbiting relatively close to Earth, often used for telecommunications, military, and observation purposes.

Footprint

In a technological context, the term often refers to the amount of space occupied by a device, or the environmental impact of producing and disposing of it.

GEO

A Geostationary Earth Orbit is a circular path located 35,786 kilometers directly above the Earth's equator, moving in the same direction as the Earth rotates.