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

Ziegler Inc. has decided to use the high low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:

High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and Units Produced Total Costs 1,925 $270,900 3,380 339,230 5,425 421,400 a. Determine the variable cost per unit and the total fooed cost. Variable cost: (Round to the nearest dollar.) per unit Total fixed cost: b. Based on part 1), estimate the total cost for 2.650 units of production Total cost for 2.650 unitsi

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