Question: eBookShow Me How Question Content Area High - Low Method Tashiro Inc. has decided to use the high - low method to estimate the total
eBookShow Me How
Question Content Area
HighLow Method
Tashiro Inc. has decided to use the highlow 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
$
a Determine the variable cost per unit and the total fixed cost.
Variable cost Round to two decimal places. $fill in the blank
per unit
Total fixed cost $fill in the blank
b Based on part a estimate the total cost for units of production.
Total cost for units $fill in the blank
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