Total Cost

Fixed Cost

Variable Cost

Direct materials$6,290

$0

$6,290

Direct labor$7,990

$0

$7,990

Factory overhead$7,440

$3,190

$4,250

Selling expenses$6,150

$3,940

$2,210

Administrative expenses$4,850

$4,850

$0

Total expenses$32,720

$11,980

$20,740

For the high-low method, she developed the cost function using the data from February above and data from August, when production was 2,350 units and total costs were $41,463.

After developing the two cost functions, the accountant used them to make predictions for the month of December, when production was expected to be 2,150 units.

REQUIRED[ROUND UNIT COSTS TO THE NEAREST CENT AND TOTAL COSTS TO THE NEAREST DOLLAR.]

Part A(5 tries; 5 points)

1. Using account analysis, what was the accountant's estimate of total fixed costs for December?11980

2. Using account analysis, what was the accountant's estimate oftotal variable costsfor December?26230

. Using the high-low method, what was the accountant's estimate of total fixed costs for December?

2. Using the high-low method, what was the accountant's estimate ofvariable costs per unitfor December?