Here are no differences between common law and civil law. *
1 point
True
False

The variable cost is $0.6 per Machine Hour. So, option C is the correct answer.

Explanation:

The high low method is a method used to calculate the variable component per unit in a mixed cost. A mixed cost is a cost which contains an element of both the fixed and the variable cost.

The formula for variable cost per unit under High-low method is,

Variable cost per unit = (Cost at Highest activity - Cost at lowest activity) / (Highest activity units - lowest activity units)

The highest activity is in September while the lowest is in October.

Variable cost per unit = (13200 - 11400) / (17500 - 14500)

Variable cost per unit = $0.6 per Machine hour