Question: using the high low mothod, determine the total amount of fixed cost and total amount of variable cost per unit 10:06 O! Problem A Assume

using the high low mothod, determine the total amount of fixed cost and total amount of variable cost per unit

 using the high low mothod, determine the total amount of fixed

10:06 O! Problem A Assume the local franchise of Togorio Sandwich Company assigns you the task of estimating total maintenance cost on its delivery vehicles. This cost is a mixed cost. You receive the following data from past months: Month Units Costs March 8,000 $14.000 April 10.000 14,960 May 9.000 15.200 11.000 15.920 July 10,000 15,920 August 13,000 16,880 September 14,000 18,080 October 18.000 19,280 November 20,000 21,200 1. Using the high-low method, deter- mine the total amount of fixed costs and the amount of variable cost per unit. Draw the cost line. 2. Prepare a scatter diagram, plot the actual costs, and visually fit a linear cost line to the points. Estimate the amount of total fixed costs and the

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