15 10 points Skipped Problem 2-27A (Algo) Estimating fixed and variable cost LO 2-6 Campbell Woodcraft Company manufactures "antique" wooden cabinets to house modern televisions. The Company began operations in January of last year. Sidney Myrick, the owner, asks for your assistance. He believes that he needs to better understand the cost of the cabinets for pricing purposes. You have collected the following data concerning actual production over the past year: Number of Cabinets Total Cost Month January Produced 830 $21,400 February 3,610 32,900 March 1,940 29,000 April 600 18,800 May 1,590 28,200 June 1,260 27,100 July 1,190 25,200 August 1,790 31,100 September 2,290 32,600 October 2,980 31,600 November 3,340 December 360 32,200 13,400 Required a. To understand the department's cost behavior, you decide to plot the points on graph paper and sketch a total cost line. (1) Enter the number of units and their costs in increasing order. b. Using the high-low method, compute the total cost equation for the preceding data. (1) Compute the variable cost per unit. (2) Compute total fixed costs. (4) Calculate the total cost assuming 1,300 cabinets are made. Check my work