Question: M5-17 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Baker Company produced 2,300 units in May at a total cost of $10,600 and 5,300
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M5-17 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Baker Company produced 2,300 units in May at a total cost of $10,600 and 5,300 units in June at a total cost of $20,320. Compute the variable cost per unit and the total fixed cost using the high-low method. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed Cost" answer to the nearest dollar amount.) Variable cost per unit Total fixed cost
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