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The total cost of production for the last four quarters for Hydro Hydraulics is as follows. Use the high - low method to determine the

The total cost of production for the last four quarters for Hydro Hydraulics is as follows.
Use the high-low method to determine the variable cost per unit and the fixed cost. (CH 6)
Total Cost
Units Produced
Quarter 1
$51,000
2,000
Quarter 2
56,400
2,300
Quarter 3
49,200
1,900
Quarter 4
53,700
2,150
What are the variable costs? What are the fix costs? Please write out the equation for each, for full points.

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