Name: Chapter 21 353 EXERCISE 21-1 Data for the highest and lowest levels of production for Evans Company are as follows: Total Costs Total Units Produced Highest level $550,000 50,000 units Lowest level $250,000 20,000 Instructions: (1) Determine the differences between total costs and total units produced at the highest and lowest levels of production. (2) Using the high-low method of cost estimation, estimate the variable cost per unit and the fixed cost for Evans Company. (3) Based on (2), estimate the total costs for 80,000 units of production