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Sales dollars Sales volume (units) Expenses 2018 2019 $ 80,000 $ 95,000 16,000 19,000 $ 75,000 $ 84,000 Net income $ 5,000 $ 11,000 ABC

Sales dollars Sales volume (units) Expenses 2018 2019 $ 80,000 $ 95,000 16,000 19,000 $ 75,000 $ 84,000 Net income $ 5,000 $ 11,000 ABC makes only one type of product. Use these two years, and the high and low method, to estimate the variable cost per unit of product: A/ Question 2 (1 point) Listen Using the information above, estimate the total fixed cost per year: What would you have to assume if you were to use the information above to estimate 2020 costs? (List two things.)

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