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Business, 16.04.2020 21:21 hunterbrod71

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:col1 Units Produced80,000 92,000 120,000 col2 Total Costs $25,100,000 27,206,000 32,120,000 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) $ per unitTotal fixed cost $b. Based on part (a), estimate the total cost for 115,000 units of production. Total cost for 115,000 units

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