Tashiro 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 ProducedTotal Costs60,000 $19,200,000 69,000 20,010,000 90,000 24,090,000

a. Determine the variable cost per unit and the total fixed cost.

Variable cost (Round to two decimal places.)$fill in the blank 1per unitTotal fixed cost$fill in the blank 2

b. Based on part (a), estimate the total cost for 86,000 units of production.

Total cost for 86,000 units$fill in the blank 3