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What is the variable cost per unit for electricity

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Reference no: EM133140868

Question - The following data pertain to activity and electricity costs for two recent years:

 

Year 1

Year 2

Activity Levels in Units

12,000

8,000

Electricity costs

$15,000

$12,000

Required - Using the high-low method, what is the variable cost per unit for electricity?

Reference no: EM133140868

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