Question: HhMethod Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total

HhMethod Ziegler Inc. has decided to use the high-low method to

HhMethod Ziegler 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 2.400 51.34.400 300 1,500 92,740 a. Determine the variable cost per unit and the total fixed cost Variable cost: (Round to the nearest dollar) b. Based on part (a), estimate the total cost for 1,150 units of production Total cost for 1,150 units

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