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High/Low Method Exercise Production Total Cost June 1,000 units $45,550 July 1,500 units 52,000 August 2,100 units 61,500 September 1,800 units 57,500 October 750 units

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High/Low Method Exercise Production Total Cost June 1,000 units $45,550 July 1,500 units 52,000 August 2,100 units 61,500 September 1,800 units 57,500 October 750 units 41,250 Required: 1. Compute the Variable Cost per unit 2. Compute the Fixed Cost 3. Write the formula 4. Compute the Total Cost for 2,000 units

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