High$-$Low Method

Tashiro 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 $($Round to two decimal places.$)$

$

$x$ per unit

Total fixed cost

b$.$ Based on part $($a$),$ estimate the total cost for $2,480$ units of production.

Total cost for $2,480$ units: