[sumyyy]

thank you very much

[sumyyy]

this year the output is 5000 units and overhead cost is $31,000.
three years ago the output was 2000 units and overhead costs was $8,800.
the price index was 132 three years ago and is 164 this year.

using the high low technique, calculate the variable cost per unit(to the nearest $0.01) expressed in current year prices?

[sumyyy]

thanks in advance 🙂

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