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14. Bertie's Burritos, a fast food enterprise, wants to understand his cost structure. He collected data, which appears below, to analyze costs using the high-low

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14. Bertie's Burritos, a fast food enterprise, wants to understand his cost structure. He collected data, which appears below, to analyze costs using the high-low method. Month Volume Total costs January 5,000 $2,700 February 7,000 $3,700 March 6,200 $3,500 Which is true? A. Estimated variable costs are 70 cents per burrito B. Fixed costs cannot be estimated C. Estimated fixed costs are $200 D. Total costs at volume of 8,000 are estimated at $4,200 E. Both Cand D are correct

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