Diamond 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 12,000 15,000 21,000 Total Costs 5424,000 496,000 640,000 a. Determine the variable cost per unit and the total fixed cost. b. Based on part (a), estimate the total cost for 17,000 units of production 44. (4 Points) a. Segar Company budgets sales of $3,200,000, fixed costs of $700,000, and variable costs of $2,240,000. What is the contribution margin ratio for Segar Company? b. If the contribution margin ratio for Domino Company is 35%, sales were $2.100,000. and fixed costs were $400,000, what was the Income from operations? A. Sales Contribution Margin Ratio Contribution Margin Fixed cost Net Income