a. draw a lined on the graph that would be appropriate for good cost estimation.

b. what is your prediction for total fixed cost according to the line you have drawn. total fixed cost equals

c. assume values for high and low months are 3000 pounds processed at and total energy costs of $7000 in June and 9000 pounds processed at and cost of 12,400 in April. using these points and the high low method: estimate the unit variable cost per pound processed- estimate the total fixed cost per month-

d. write the cost formula that would be used to predict energy cost.

516,000 $14.000 $12,000 510,000 $3,000 $6,000 54,000 $2,000 Energy Last 0 2,000 4,000 6,000 80 10,000 Pounds Processed