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Quarter Total Costs Number of plates produced Jan - Mar 77,900 8,100 Apr - Jun 36,000 3,900 Jul - Sep 23,0000 2,000 Oct - Dec

Quarter Total Costs Number of plates produced

Jan - Mar 77,900 8,100

Apr - Jun 36,000 3,900

Jul - Sep 23,0000 2,000

Oct - Dec 42,000 4,200

1. Determine the cost function using High Low Analysis.

2. What is the total cost if 5,000 plates are produced?

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