Byrnes Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Month Units Produced Total Cost Instructions March 9,800 $14,740 April 8,500 $13,250 1) Compute the variable- and fixed-cost elements using High-Low Method. 2) Using the information from part (1), write the cost formula. 3) Estimate the total cost if the company produces 8,000 units. May 7,000 $11,100 June 7,600 $12,000 July 8,100 $12,460