10 Coped below is information related to the cost structure for Company Corp. Cost Driver Cost Level TO 1.200 20 1,400 40 1,800 30 1,600 40 1,800 20 1,400 50 2,000 30 1,600 Using the High-Low Method, determine total costs when the Cost Driver level is 55 Answer: Coefficients Standard Error Stat P-value Intercept 25,000.00 14,371.58 1.74 0.01 Cost Driver 10.00 1.06 9.39 0.00 Using the Regression output, predict total costs when the level of production is 20,000