Solve for the cost line equation using the high$-$low method:

$\backslash$table$[[$Month$,$Units Produced,Total Cost$],[1,4,500,$$$38,000$Solve for the cost line equation using the high$-$low method:

Month

Units Produced

Total Cost

$1$

$4\mathrm{.}500$

$$38,000$

$2$

$11,000$

$$52,000$

$3$

$12,000$

$$56,000$

$4$

$5\mathrm{.}500$

$$40,000$

$5$

$9,000$

$$47,000$

$6$

$10,500$

$$52,000$

$7$

$7,500$

$$44,000$

$8$

$5,000$

$$41,000$

$9$

$11,500$

$$52,000$

$10$

$6,000$

$$43,000$

Units Produced

Total Cost

High

$[$Select$]$

$[$Select$]$

Low

$[$Select$]$

$[$Select$]$

Change

$[$Select$]$

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Variable Cost Per Unit $($Slope$)=$

$

$[$Select$]$

Total Fixed Cost $=$

$

$[$Select$]$

Cost Equation $=$

Y $=$ $

$[$Select$]$

$ $[$Select$]$