Question: Shatner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total

Shatner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total The data for various levels of production are as follows: Units Produced 2,280 1,430 3,630 Total Costs $302,590 257,400 400,400 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) Total fixed cost: b. Based on part (a), estimate the total cost for 1,820 units of production. Total cost for 1,820 units: per unit
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