High-low method

Evander Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:

Units Produced	Total Costs
2,170	$290,160
3,270	296,610
5,270	451,360

a. Determine the variable cost per unit and the total fixed cost. Variable cost fill in the blank 1 of 2$ Total fixed cost fill in the blank 2 of 2$

b. Based on part (a), estimate the total cost for 2,680 units of production. Total cost for 2,680 units fill in the blank 1 of 1$