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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

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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 1,705 $245,520 3,520 351,370 4,805 381.920 a. Determine the variable cost per unit and the total fixed cost Variable cost: (Round to the nearest dollar) per unit Totalfixed cost b. Based on part(s), estimate the total cost for 2,340 units of production Total cost for 2,340 units

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