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A stapler manufacturer has the following information available: Units Produced Manufacturing Costs Quarter 1 15,000 $ 88,000 Quarter 2 20,000 $ 120,000 Quarter 3 18,000

A stapler manufacturer has the following information available:

Units Produced

Manufacturing Costs

Quarter 1

15,000

$ 88,000

Quarter 2

20,000

$ 120,000

Quarter 3

18,000

$ 115,000

Quarter 4

10,000

$ 69,700

What do you estimate the total variable costs to be for Quarter 3 using the high-low method?

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