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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
6500 30882
8900 36714
6900 31932
7600 34990
8600 35714
7900 34664

X Company estimates that 9,300 units will be produced in July. What are estimated fixed overhead costs for July [round variable costs per unit to two decimal places]?

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