Question: 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

High-Low Method Shatner Inc. has decided to use the high-low method

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: a. Determine the variable cost per unit and the fixed cost. variable cost per unit $ Fixed cost $ b. Based on part (a), estimate the total cost for 2,420 units of production. $

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