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ch 21 2 High-Low Method Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost
ch 21 2
High-Low Method Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 2,945 $127,680 1,045 82,080 2,000 86,000 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) $ per unit Total fixed cost b. Based on part (a), estimate the total cost for 1,440 units of production. Total cost for 1,440 units: $Step by Step Solution
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