Hanging Vine Inc. has decided to use the high-low method to estimate costs. The data for various levels of production are as follows: table cellspacing =0 cellpadding ="3" class =" narrative 2 width ="220> a. Determine the variable cost per unit and the fixed cost. variable cost per unit $ Fixed cost 1 x b. Based on part (a), estimate the total cost for 1,060 units of production. Feedouck r Chea My Work a. Divide the difference between the highest and lowest total costs by the difference between the highest and lowest production units. Multiply the varia cost by the number of units. Subtract this variable cost from the total cost. b. Multiply the variable unit cost by the number of units produced. Add variable cost to the fixed cost to determine the total cost