Question: Using the high-low method, determine the variable and fixed costs in Claiborne Companys cost structure from these data: Month Number of Units Costs June 6,000

Using the high-low method, determine the variable and fixed costs in Claiborne Companys cost structure from these data:

Month Number of Units Costs

June 6,000 $ 34,000

July 9,000 52,000

August 12,000 64,000

Variable cost per unit ________ Fixed Costs ________

What is the estimated total cost to produce 10,000 units? ________

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