Cena Inc has decided to use the high low method to estimate the total cost and the fixed and variable cost components of the total cost The data for various levels of production are as follows Units Produced Total Costs 84,000 $22,100,000 99,000 25,220,000 110,000 31,770,000 Determine the variable cost per unit and the total fixed cost Based on part (A), estimate the total cost for 115,000 units of production

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Question: Cena Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost.

Cena Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:

Units Produced	Total Costs
84,000	$22,100,000
99,000	25,220,000
110,000	31,770,000

Determine the variable cost per unit and the total fixed cost.
Based on part (A), estimate the total cost for 115,000 units of production.

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