Question: High Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the Med and variable cont components of
High Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the Med and variable cont components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 80,000 $25,100,000 92,000 27,206,000 120,000 32,120,000 . Determine the variable cost per unit and the totale cost Variable cout (Round to two decimal places) per un Totalfixed COM b. Based on part (o), estimate the total cost for 115,000 units of production Total cost for 115.000 units
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