Franklin Woodcraft Company manufactures "antique" wooden cabinets to house modern televisions. The Company began operations In January of last year. Sidney Myrick, the owner, asks for your assistance. He believes that he needs to better understand the cost of the cabinets for pricing purposes. You have collected the following data concerning actual production over the past year. Month January February Number of Cabinets Produced Total Cost 890 $ 21,600 3,610 33,500 March 1,970 29,200 April 690 18,600 May 1,610 28,200 June 1,280 27,300 July 1,170 15,600 August 1,790 31,600 September 2,300 32,000 October 2,970 31,000 November 3,280 December 320 32,300 13,760 Required a. To understand the department's cost behavior, you decide to plot the points on graph paper and sketch a total cost line. (1) Enter the number of units and their costs in increasing order. b. Using the high-low method, compute the total cost equation for the preceding data. (1) Compute the variable cost per unit. (2) Compute total fixed costs. (4) Calculate the total cost assuming 2,500 cabinets are made Complete this question by entering your answers in the tabs below.