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X Company's accountant uses the high-low method to determine the parameters of the company's monthly overhead cost function, with units produced as the independent variable.

X Company's accountant uses the high-low method to determine the parameters of the company's monthly overhead cost function, with units produced as the independent variable. She has the following past monthly observations to work with:

Units Produced Cost
6,400 $30,924
7,950 34,914
7,400 34,569
9,000 37,164
7,050 32,174
8,550 35,864

X Company estimates that 10,500 units will be produced in July. What are estimated total overhead costs for July?

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