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Determine the variable cost per unit and the fixed cost

Problem:

Shatner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 6,475 $497,280 5,090 408,480 2,775 319,680 1. Determine the variable cost per unit and the fixed cost. Variable cost (Round to the nearest dollar.) 48 Total fixed cost: Based on part 1, estimate the total cost for 3,300 units. Total cost for 3,330 unites:

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Accounting Basics: Determine the variable cost per unit and the fixed cost

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Accounting Basics: Determine the variable cost per unit and the fixed cost

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