Question: High Low Method Ziegler Inc has decided to use the high low method to estimate the total cost and the fixed and variable cost components
High Low Method 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 2,170 3,790 $228,780 333,260 355.680 5210 a. Determine the variabile cost per unit and the total red cost Variable costi (round to the nearest dollar) Total xed cost: b. Based on part() estimate the total cost for 2.680 units of production Total cost for 2.660 units
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