2019- 44,000 units produced

2020- 30,000 units produced

Use the high-low method to estimate a cost function for each cost.

Direct materials costs Direct labor costs Manufacturing overhead costs Selling costs Administrative costs 2019 $583,440 $855,800 $3,239,000 $1,773,400 $1,673,600 2020 $397,800 $583,500 $2,885,500 $1,401,000 $1,542,000