=+Ell-7 High-low method Obj 1

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a. $10.00 per unit W & O Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components ofthe total cost. The data for various levels ofproduction are as follows.

Units Produced_Total Costs 10,000 $750,000 22,500 845,000 30,000 950,000