Question: EX 6 - 7 High - low method a . $ 3 6 variable cost per unit EXCEL ONLINE SHOW ME HOW 2 9 1

EX 6-7 High-low method
a. $36 variable cost per unit
EXCEL ONLINE
SHOW ME HOW
291 Obj. 1
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: Units Produced Total Costs 200,000300,000475,000
$11,200,00014,800,00021,100,000
a. Determine the variable cost per unit and the total fixed cost. b. Based on part (a), estimate the total cost for 400,000 units of production.

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