Question: Evander 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.

Evander 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: a. Determine the variable cost per unit and the total fixed cost. Variable cost $X Total fixed cost $X b. Based on part (a), estimate the total cost for 1,580 units of production. Total cost for 1,580 units $
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