Amanda Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost March 10,900 $18,200 April 9,450 17,350 May 11,300 18,730 June 8,800 14,855 July 9,800 17,200 Calculate the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places e.g. 12.25.) Variable cost per unit $enter the Variable cost per unit in dollars rounded to 2 decimal places 1.59

Calculate the fixed cost element using the high-low method. Fixed cost $enter the fixed cost in dollars Estimate the total cost if the company produces 8,500 units. select an option