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Inspection costs at one of Iuliano Corporation's factories are listed below: Units Produced Inspection Cost February...

Inspection costs at one of Iuliano Corporation's factories are listed below: Units Produced Inspection Cost February 917 $16,207 March 955 $16,616 April 924 $16,251 May 907 $16,107 June 902 $16,296 July 899 $16,183 August 922 $16,343 September 865 $15,762 October 903 $16,132 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: $10.73 $0.27 $18.05 $9.49

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