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 ar production are as follows: Units Produced Total Costs 84,500 $26,471,500 102,500 29,837,500 116,500 32,455,500 This information has been collected in the Microsoft Excel Online Nie. Open the spreadsheet, perform the required analysis, and input your answers in the questions below Open spreadsheet a. Determine the variable cost per unit and the total fixed cost. Round your answer for variable cost to the nearest cent. Round your answer for total Pored costs to the nearest dollar per unit Variable cost Total fixed cost b. Based on part (a), estimate the total cost for 72,000 units of production. Round your answer to the nearest dollar, Total cost for 72,000 units Previous Next