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Exercise #3: High / Low Method Using the information below, (a) calculate the variable and fixed-cost elements using the high-low method, and (b) estimate the

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Exercise #3: High / Low Method Using the information below, (a) calculate the variable and fixed-cost elements using the high-low method, and (b) estimate the total cost if Wu Company produces 8,000 units. March April May June July Units Produced 9,800 8,500 7,000 7,600 8,100 Total Cost $14,740 13,250 11,100 12,000 12,460

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