Question: help please High-Low Method Shatner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components
High-Low Method Shatner 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 3,565 2,220 1,265 Total Costs $264,040 234,240 169,740 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) Total fixed cost: b. Based on part (a), estimate the total cost for 1,740 units of production. Total cost for 1,740 units: per unit
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