Analyze cost behavior and estimate costs using regression analysis.

Activity Levels	Total Costs ($)
Low Activity Level	$50,000
High Activity Level	$120,000
Number of Units Produced	8,000 units

Requirements:

Analyze the cost behavior using the high-low method and regression analysis.

Estimate the variable cost per unit and fixed cost component.

Discuss how changes in activity levels impact total costs and unit costs.

Provide strategic recommendations based on cost behavior analysis.