Question: PeriodUnits ProducedTotal Costs 1 0 $ 2 , 6 2 0 2 8 0 0 3 , 2 6 0 3 1 , 6 0

PeriodUnits ProducedTotal Costs10$ 2,62028003,26031,6003,90042,4004,54053,2005,18064,0005,82074,8006,46085,6007,10096,4007,740107,2008,380
(1) Use the high-low method to estimate the fixed and variable components of total costs.
(2) Estimate total costs if 2,620 units are produced.

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