Use the high-low method to determine the variable cost per unit and the fixed cost.

The total cost of production for the last four quarters for Moore's Mowers is shown below. Use the high-low method to determine the variable cost per unit and the fixed cost. Total Cost Quarter 1 S51,0002,000 Quarter 2 56,4002,300 Quarter 3 49,2001,900 Quarter 4 53,700 2,150 Units Produced