Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection CostsApril777 $10,176May807 $10,404June798 $10,355July835 $10,665August822 $10,542September795 $10,313October805 $10,409November853 $10,795December796 $10,310Management 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. $8.14
B. $0.12
C. $7.05
D. $12.89
Answer: A
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