Question: Evander inc, has decided to use the high-low method to estimate the total cost and the fixed and variable cest components of the total cost.

Evander inc, has decided to use the high-low method to estimate

Evander inc, has decided to use the high-low method to estimate the total cost and the fixed and variable cest components of the total cost. The data for various levels of production are as follows: a. Determine the variable cost per unit and the total fred cost. Variable cost 1 Total fixed cost $ b. Based on part (a), estimate the total cost for 2,950 units of production- Total cost for 2,950 units 5

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