QS 18-4 (Algo) Measuring costs using high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months. Maintenance Cost Month Units Produced June 110 $3,700 July 170 4,600 August 138 4,000 September 160 October 4,450 220 November 5,350 250 December 5,800 70 3,100 Using the high-low method, estimate both the fixed and variable components of its maintenance cost High-Low method Calculation of variable cost per unit produced Total cost at the high point Variable costs at the high point Volume at the high point Vanable cost per unit produced Total variable costs at the high point Total fixed costs