Question: Complete the table by estimating the cost formula. For mixed costs, use the high-low method. (Round variable cost to 2 decimal places, e.g. 15.25 when

Complete the table by estimating the cost formula. For mixed costs, use the high-low method. (Round variable cost to 2 decimal places, e.g. 15.25 when entering answer for the VC and fixed cost to the nearest whole dollar, e.g. 5,275. Use the entire (unrounded) value of the variable cost when calculating the FC). COST FORMULA ACTIVITY LEVEL 1,660UNITS 830UNITS 2,490UNITS VC + FC Cost 1 $11,500 $11,500 $11,500 $ (units) + Cost 2 $5,146 $5,246 $5,346 $ (units) + Cost 3 $4,400 $8,800 $13,200 $ (units) + $ Cost 4 $0.01/unit $0.01/unit $0.01/unit $ (units) + $ Cost 5 $609/unit $304.5/unit $203/unit $ (units) + $ Cost 6 $152/unit $77/unit $52/unit $ (units) + $
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