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Great News Inc. has collected the following data for recent months: Month March April May June Required: Issues published Total cost 20,500 $20,960 21,800

Great News Inc. has collected the following data for recent months: Month March April May June Required: Issues published Total cost 20,500 $20,960 21,800 22,464 17,750 18,495 21,200 21,395 Using the high-low method. (a) find variable cost per unit, (b) find total fixed costs, and (c) show the total cost equation with the correct numbers included. (d) What is the estimated cost for a month in which 19,000 issues are published? SHOW YOUR CALCULATIONS TO GET ANY CREDIT

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