EX $6-7$ High$-$low method

a$.$ $$36$ variable cost per unit

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$291$ Obj. $1$

Evander 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 $200,000300,000475,000$

$$11,200,00014,800,00021,100,000$

a$.$ Determine the variable cost per unit and the total fixed cost. b$.$ Based on part $($a$),$ estimate the total cost for $400,000$ units of production.