Inspection Costs at One of Krivanek Corporation's Factories Are Listed

Multiple Choice

Inspection costs at one of Krivanek Corporation's factories are listed below:
Management believes that inspection cost is a mixed cost that depends on units produced.
-Using the high-low method,the estimate of the variable component of inspection cost per unit produced is closest to:

A) $3.15
B) $0.32
C) $3.40
D) $13.91