Oriole Company accumulates the following data concerning a mixed cost, using units produced as the activity level.

		Units Produced		Total Cost
March		9,970		$18,470
April		9,020		17,024
May		10,500		19,119
June		8,810		16,584
July		9,490		17,494

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Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places e.g. 2.25.)

Variable cost per unit

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Compute the fixed cost elements using the high-low method.

Fixed cost

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Using the information from your answer to above part, write the cost formula. $ + $ per unit produced = Total cost

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Estimate the total cost if the company produces 8,400 units.

Total cost to produce 8,400 units

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