Reference no: EM132509398

Tilly Company had the following cost and volume data for the first four months of the year.

January: Cost of $52,500; volume of 9,000 units

February: Cost of $40,000; volume of 6,500 units

March: Cost of $70,000; volume of 14,000 units

April: Cost of $60,000; volume of 11,000 units

Question 1: Using the scattergraph method, which ONE of the following is the BEST estimate of the variable cost per unit?

Option 1: $35.00 per unit

Option 2: $8.00 per unit

Option 3: $15.00 per unit

Option 4: $4.00 per unit

Option 5: $25.00 per unit

Option 6: $10.00 per unit