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Question - Thomas Train has collected the following information over the last six months.
Month
Units produced
Total costs
March
10,000
$25,600
April
12,000
26,200
May
18,000
28,400
June
13,000
26,450
July
26,000
August
15,000
26,500
Required - Using the high-low method, what is the variable cost per unit?
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Direct materials inventory
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