Question: Chapter 5 - Homework eBook Show Me How Calculator Print Item High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the

 Chapter 5 - Homework eBook Show Me How Calculator Print Item

Chapter 5 - Homework eBook Show Me How Calculator Print Item High-Low Method Ziegler 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 2,170 $150,660 165,560 3,940 5,270 234,360 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) per unit Total fixed cost: b. Based on part (a), estimate the total cost for 2,680 units of production. Total cost for 2,680 units: Check My Work 5 more Check My Work uses remaining. Next > Assignment Score: 0.0% Save and Exit Submit Assignment for Grading

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