Based on the above, in applying the high-low method, what is the unit variable cost? *

$25/unit

$62.5/unit

$18/unit

None of the above

Based on the above, using the high-low method, the estimated fixed cost element is: *

$50,000

$450,000

$250,000

None of the above

Based on the above, using the high-low method, estimate the total cost of making 26,000 units *

$700,000

$1,675,000

$518,000

None of the above

Jackson Enterprises makes product J1 and has the following costs at the given levels of sales, knowing that the selling price per unit is $100: Month Sales Revenue ($) Total Costs ($) July 720.000 230,000 August 1,000,000 300,000 September 1,080,000 320,000 October 1,350,000 387,500 November 2,160,000 590,000 December 2,520,000 680,000