Part 1)

Part 2)

Relevant Range and Fixed and Variable Costs Child Play Inc. manufactures electronic toys within a relevant range of 61,600 to 100,800 toys per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar. Toys produced 61,600 79,200 100,800 Total costs: Total variable costs $19,712 d. $ j. $ Total fixed costs 22,176 e. k. Total costs $41,888 f. $ I. $ Cost per unit: Variable cost per unit a. $ g. $ m. $ Fixed cost per unit b. h. n. Total cost per unit C. $ i. $ o. $ 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 1,560 $252,720 3,030 381,050 4,160 393,120 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 2,060 units of production. Total cost for 2,060 units: $