{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T09:02:45-04:00", "answer_date": "2024-06-28 09:02:45", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4279365", "url": "\/study-help\/questions\/highlow-method-ziegler-inc-has-decided-to-use-the-highlow-4279365", "question_creation_date_js": "2024-06-28T09:02:45-04:00", "question_creation_date": "Jun 28, 2024 09:02 AM", "meta_title": "[Solved] High-Low Method Ziegler Inc. has decided | SolutionInn", "meta_description": "Answer of - High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and varia | SolutionInn", "meta_keywords": "high-low,method,ziegler,inc,decided,estimate,total,cost,fixed,variable,components,data", "question_title_h1": "High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the", "question_title": "High-Low Method Ziegler Inc. has decided to use the high-low method to", "question_title_for_js_snippet": "High Low Method Ziegler 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 ProducedTotal Costs 1,575$126,0003,260183,5405,075196,000 a Determine the variable cost per unit and the total fixed cost Variable cost (Round to the nearest dollar )$per unitTotal fixed cost $ b Based on part (a), estimate the total cost for 2,390 units of production Total cost for 2,390 units ", "question_description": "

High-Low Method<\/span><\/p>

Ziegler 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:<\/p>

Units ProducedTotal Costs<\/strong>1,575$126,0003,260183,5405,075196,000<\/p>

a.<\/strong>Determine thevariable cost<\/span>per unit and the totalfixed cost<\/span>.<\/p>

Variable cost: (Round to the nearest dollar.)$per unitTotal fixed cost:$<\/p>

b.<\/strong>Based on part (a), estimate the total cost for 2,390 units of production.<\/p>

Total cost for 2,390 units:<\/p>", "transcribed_text": "", "related_book": { "title": "Fundamentals Of Statistics", "isbn": "978-032184460, 032183870X, 321844602, 9780321838704, 978-0321844606", "edition": "4th Edition", "authors": "Michael Sullivan III", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/445.jpg", "uri": "\/textbooks\/fundamentals-of-statistics-4th-edition-445", "see_more_uri": "" }, "free_related_book": { "isbn": "B0C9K6K21W", "uri": "\/textbooks\/oregon-travel-guide-2023-essential-first-timers-travel-guide-hidden-gems-of-oregon-exploring-oregons-natural-wonders-top-cities-attractions-and-cuisine-1st-edition-979-8399035574-303113", "name": "Oregon Travel Guide 2023 Essential First Timers Travel Guide Hidden Gems Of Oregon Exploring Oregons Natural Wonders Top Cities Attractions And Cuisine", "edition": "1st Edition" }, "question_posted": "2024-06-28 09:02:45", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/jim-olsen-earns-800-per-week-for-a-five-day", "description": "Jim Olsen earns $800 per week for a five day week, and he is entitled to 12 paid holidays and four weeks of paid vacation. a. 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