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High-Low Method Liberty Inc. has decided to use the high-low method to estimate costs. The data for various levels of production are as follows: Units

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High-Low Method Liberty Inc. has decided to use the high-low method to estimate costs. The data for various levels of production are as follows: Units Produced Total Costs 1,125 2,090 3,625 $ 94,500 103,850 147,000 a. Determine the variable cost per unit and the fixed cost Variable cost per unit Fixed cost b. Based on part (a), estimate the total cost for 1,710 units of production

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