Required: Using the High-Low method, calculate the following: -

(a) Variable cost per unit (2 marks)

(b) Total fixed cost per unit (2 marks)

(c) Total cost that would be incurred in a month for an output of 8,500. (3 marks)

The output and production cost of a computer manufacturer for the last four months are as follows: Month January February March April Units 8,000 7,900 7,700 7,600 RM 9,600 9,500 9,300 9,300