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Business, 06.03.2020 02:07 sindy35111

Premium Corp. offers a meal service for commuting college students. Data for the last three months appear below: Month Total Cost Meals Served January $7,500 4,300 February $8,400 5,000 March $6,000 3,800 Using the high-low method, the variable cost per meal served in the cafeteria was:

a. $3.00.

b. $2.00.

c. $2.50.

d. $1.50.

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