hampton 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

8,100 525,000

11,250 630,000

.18,100 690,000

a. detemine the variable cost per unit and the total fixed cost.

b. based on prt (a), estimate the total cost for 12,000 units of production.