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 Produced Total Costs 80,000 $25,100,000 92,000 27,206,000 120,000 32,120,000 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) 39 X per unit Total fixed cost 126,360 x b. Based on part (a), estimate the total cost for 115,000 units of production. Total cost for 115,000 units 190,320 x Feedback Check My Work Divide the difference between the highest and lowest total costs by the difference between the highest and lowest production units. Multiply the variable unit cost by the number of units produced. Subtract this variable cost from the total cost to arrive at the fixed cost. The resulting amount should be the same for either the highest or lowest production level