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Hardigree Insurance has collected the following information over the last six months. MonthUnits producedTotal costs March2,100$6,900 April3,2009,400 May2,2007,100 June3,0009,500 July2,8008,000 August2,0006,700 Using the high-low method,
Hardigree Insurance has collected the following information over the last six months.
MonthUnits producedTotal costs
March2,100$6,900
April3,2009,400
May2,2007,100
June3,0009,500
July2,8008,000
August2,0006,700
Using the high-low method, what is the estimated total cost in a month when 3,100 units are produced?
$9,175
$6,975
$4,732
$6,932
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