ACME Incorporated's total monthly shipping costs fluctuate with the volume of units shipped.  Data from the last six months is as follows:

Month	Number of Units	Total Shipping Cost
January	18,200	$21,900
February	18,900	26,100
March	17,000	22,600
April	17,900	24,500
May	22,000	28,000
June	19,600	27,000

 

Required: 

1) Determine the variable cost per unit and the total monthly fixed cost using the high-low method.  

Answer rating: 100% (QA)

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