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 of the

High-Low Method Ziegler Inc. has decided to use the high-low method toHigh-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 1,850 $126,540 3,260 145,520 5,550 196,840 a. Determine the variable cost per unit and the total fixed cost.

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 1,850 $126,540 3,260 145,520 5,550 196,840 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) $ per unit Total fixed cost: b. Based on part (a), estimate the total cost for 2,660 units of production. Total cost for 2,660 units

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