Exercise 1 Hamdan Enterprises makes product H2 and has the following costs at the given levels of production: Month January February March April May June Units Produced 1200 2000 3200 4400 5600 6800 Total Costs 100,000 132,000 180,000 228,000 276,000 324,000 Required 1 - Use high-low method to compute the variable and fixed elements of Hamdan's total costs. 2- Estimate the total cost of making 7250 units, assuming that total fixed costs and the variable Cost rate do not change