High-Low Bibllo Fries Company is the chief competitor of Cover-to-Cover Company in the bookshell business.blo Files is analyzing its manufacturing costs, and has compiled the following data for the first six months of the year. After reviewing the data, answer questions (1) through (3) that follow. Units Produced Total Cost January 4,360 units $65,600 February 300 6,250 March 1,000 15,000 April 4,800 96,250 May 1,750 32,500 June 3,015 48,000 1. From the data previously provided, help Biblio Fles Company estimate the fived and variable portion of its total costs using the Righ-low method. Recall that Total Costs - (Variable Cost Per Unit x Number of Units Produced) + Fixed cost. Complete the following table. Total Fixed Cost Variable Cost per Unit 1,750 X 20.00 2. with your Total Fixed Cont and Variable Cost per unit from the high-low method, compute the total cost for the following values of N(Number of Units Produced). Number of Units Produced Total Cost 3,500 187,025 X 4,360 198,334 X 4,800 206,750 X 3. Why does the total cost computed for 4,360 units not match the data for January .. The high-low method is accurate only for months in which production is a full capacity Check My Work 3 mont Check My Works remaining