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Armour Limited has presented the following information for the past eight months operations: Month Units Total Cost April 4,850 $ 18,700 May 4,050 $ 16,600

Armour Limited has presented the following information for the past eight months operations:

Month

Units

Total Cost

April

4,850

$

18,700

May

4,050

$

16,600

June

2,250

$

12,800

July

3,650

$

14,900

August

4,350

$

17,700

September

5,050

$

21,480

October

4,750

$

18,200

November

4,250

$

17,400

a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round variable cost to 2 decimal places.)

b. What would total costs be for a month with 3,850 units produced?

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