Using the data and template provided, use the following method:

High-Low Method

Template:

Weeks of the Activity (Units year Sold) Total Cost ($] Max Min Step #1 - Calculate Difference in Cost Total Cost at High Activity - Total Cost at Low Activity = Difference in Total Cost Step #2 - Calculate Difference in Activity High Activity (Units Sold) - Low Activity (Units Sold) = Difference in Data Usage Step #3 - Calculate Unit Variable Cost by dividing Step#1 by Step#2 Difference in Total Cost Difference in Activity (Units Sold) = Unit Variable CostStep #4 - Use Unit Variable Cost to calculate Total Fixed Cost (can use either high or low activity) Total Cost at High Activity Total Cost at Low Activity High Activity (Units Sold) Low Activity (Units Sold] x Unit Variable Cost x Unit Variable Cost . Total Variable Cost at High Usage . Total Variable Cost at Low Usage = Total Fixed Cost = Total Fixed Cost Cost Estimation Equation Total Cost =